Here is my reasoning behind buying these calls. Trump wins oil companies will boom. Covid-19 daily new cases are on the last wave with the elliot count. Daily horizontal support. TD13 on the weekly. A lot of volume and momentum setups on the table. Risk reward ratio is juicy. Lets rock this thing!
Xom will slowly head back to $45 in Dec when we have a colder winter... shd hold the stocks . If vaccine is indeed distributed widely it will soar to $55-$60
AvocadoGuru
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This idea still has juice I think
Johnny56231
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But... Trump isn't going to win... :'( Holding a lot on XOM... Having a bad feeling, but I know XOM can bounce to 34+ just not today... Nov 10th is ex-dividend date so XOM will drop more...
MegalodonTrading
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@yangeli08, Yeah probably i already hopped off
rjtchch
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@MegalodonTrading, hahahaha, I just closed this trade, massive gains on the vaccine news!