Short

Short Exxon

By farmtrader15

Updated

Today I bought some put options on Exxon (before rate hike announcement). Some may say its to late to get in on this play but I believe Exxon will drop to $106 minimum. There are multiple lower targets such as $101.5, .5 fib, GP and bottom of the P channel (mid-long term).

LMK what you think!

Note

Good opt. to get in on this trade today.

Trade closed: target reached

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