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January 30th, 2014 at 9:36 am
XOM finally taking the dip we expected on disappointing earnings. The last time we looked at those was when they tested $100 and I said:
Those puts are $3.35 so there's the $6K back and, if you were playing them, you should be thrilled, not greedy and take $10,050 and run and maybe leave $1,000 worth (3-5) with stops at $3.