+$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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