Echo Trade EXIT – XOP

Sell $105 Nov-19-21 Calls (or shares if you are in those) 

I am closing the aggressive position on XOP. $8.69 was the high mark on those calls today.  $9.30 was the high on the options 2 weeks back.  Make a decision on what is a good exit for you if you are still riding the position. I have my order at $8.70 and I will adjust it to get a fill to close today. 

Make your own trading decision if now is the right time for you to exit. 

 

 

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Daily Profit Publishing and Rob Booker do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor. We are not licensed to provide you personalized investment advice. Nothing in these communications should be construed as personal investment or financial advice.