XOM Trade on Dec 1, 2014 13:04 from skipjackrick: Tradervue User Stock Trades.

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skipjackrick

 

+$760. Long weekly put sell based upon the fact that XOM is a giant beast and is hedged on oil for years. I think investors here just panic sold off the oil price drop and so I took a long swing position into Friday.

Short puts lost 90% of value so I covered the position early to open up some margin.


Execution detail:

Date/time Symbol Side Price Position
2014-12-01 13:04:00 DEC05 14 92 PUT sell $1.030 short
2014-12-01 13:04:00 DEC05 14 88 PUT buy $0.1800 long
2014-12-03 10:37:00 DEC05 14 88 PUT sell $0.0200 0
2014-12-03 10:37:00 DEC05 14 92 PUT buy $0.1100 0


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