Dan, I wanted u to put on a BACKSPREAD in XOM…
VOL was down yesterday …and should go up like u explained in your video…
Plus, straggling as two wasting longs vs one on the Backspread.
.63cr and .66cr…
Theta is high on the 110.
Also, I tried to get u all to buy the 115, @.34 area. Now .95. If U bought 5, up $310, to offset the lost on the spread. Will trade at 1.85 if, 110..and still a Credit if XOM tanks..
Lots of discussions to analyze…
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Dan, I wanted u to put on a BACKSPREAD in XOM…
VOL was down yesterday …and should go up like u explained in your video…
Plus, straggling as two wasting longs vs one on the Backspread.
.63cr and .66cr…
Theta is high on the 110.
Also, I tried to get u all to buy the 115, @.34 area. Now .95. If U bought 5, up $310, to offset the lost on the spread. Will trade at 1.85 if, 110..and still a Credit if XOM tanks..
Lots of discussions to analyze…
Thanks