Rolled Forward and Down Put Option on XOM – 1.37% potential income return in 63 days
On August 19, 2021, I rolled forward and rolled down a put option I established just a week ago on XOM stock
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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