Exxon (XOM) Offering Possible 18.2% Return Over the Next 15 Calendar Days

Exxon's most recent trend suggests a bearish bias. One trading opportunity on Exxon is a Bear Call Spread using a strike $79.50 short call and a strike $84.50 long call offers a potential 18.2% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $79.50 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock rose above the $84.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Exxon is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Exxon is bearish.

The RSI indicator is at 27.72 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Exxon

[$$] How Greens Humiliate Themselves
Wed, 31 Oct 2018 00:13:36 +0000
Despite its general lack of merit, a lawsuit by the New York attorney general’s office is an entertaining symbol of all that has gone wrong with the green movement in the era of climate-change politics. Exxon is accused of failing to adopt sufficiently penitential accounting for its oil and gas projects in light of climate regulations that, ahem, don’t exist. Indeed, politicians around the world have declined to enact the green wish list even when given the chance, notwithstanding their endless verbal opposition to climate change.

Exxon earnings: Energy giant needs a boost as production concerns loom
Tue, 30 Oct 2018 18:27:00 +0000
Exxon Mobil Corp. is slated to report third-quarter results before the bell Friday, with production numbers a major Wall Street concern.

Total Stock Fell after Its Third-Quarter Earnings
Tue, 30 Oct 2018 16:55:02 +0000
In this part, we’ll review Total’s (TOT) stock performance after its earnings were released on October 26. Total stock opened at $56.5 per share on October 26—lower than the previous close of $58.2 per share. The stock opened lower despite better third-quarter earnings, which beat Wall Street analysts’ expectation. Total saw highs of $58.3 and lows of $56.5 during the day. Eventually, Total closed at $57.8, which was ~0.6% lower than the previous day’s close. On October 26, Total’s peers and the markets declined.

Total’s Q3 Earnings Rose, Beat Analysts’ Estimate
Tue, 30 Oct 2018 15:22:23 +0000
Total (TOT) posted its third-quarter earnings on October 26. The company beat analysts’ earnings estimate. To learn more, read Total’s Exploration and Production Earnings Double in Q3 2018. In this part, we’ll discuss Total’s earnings at the segmental level.

What Do Cryptocurrencies, Jazz And Bloomberg All Have In Common?
Tue, 30 Oct 2018 15:13:54 +0000
Benzinga is rolling out the Fintech Focus podcast, a series of interviews with leaders in the fintech space. Johnson will speak on the impact Ripple is having on the speed of global payments at the Benzinga Fintech Summit in San Francisco November 14. “It is insane in this era of technology when I can send a text message to a friend in Rome with emojis and a GIF attached to it, or I can send an email to a friend in Cape Town, South Africa in three seconds with an Excel spreadsheet attached with all kinds of information.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.