Rolled Forward and Down Put Option on XOM – 1.37% potential income return in 63 days

Aug 20, 2021

On August 19, 2021, I rolled forward and rolled down a put option I established just a week ago on XOM stock

Sold 1 Put Option on XOM – 0.96% potential income return in 8 days

On August 12, 2021, I sold 1 put option on XOM stock with an expiry set in the next 8 days. For this trade, I got a premium of $54.6 (after commissions) Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard…

2 years ago · Reinis Fischer

As the stock price of XOM failed through the roof and was well under my strike price, I decided not to take an assignment, but instead roll this trade forward, while lowering my strike price.

Here is the trade setup:

BOT 1 XOM AUG 20 '21 56.5 Put O…

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