Exxon Mobil 3 : Cash Secured Puts

Feb 7, 2019. I am going to open my new XOM position. With all probability Friday will expire and I’ll collect credit.

Open Interest

The situation is not positive. Lot of ITM Put @75 and a strong support @70. Potential bearish week. Anyway I try to stay under my 1 STD and look for my ideal strike price. At $71,5 I find a decent premium.

Final Conclusion : Feb 7, 2019 Sold 1 Weekly CSP strike 71,5@0.25 . Expiry Feb 15. Weekly return 0.34%. Annual return on Investment 15.9%

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