You Are Smarter Than You Think !
That is when it comes to you being able to access what might happen to Exxon options. It's Friday morning. What's going to happen over the weekend to all the oil tankers caught up in the middle east tension? It's scary times. So Exxon opened lower on Friday morning. Isn't that kind of strange? One would think that oil prices could surge over the weekend if the bombings in the Middle East continue. Higher oil prices are now here and that is good news for Exxon, at least in the short term. Here is a chart showing how Exxon's stock opened. It could be somewhat difficult to understand because it is a five day chart and I am only asking you to hone in on the Friday morning activity. That starts at 9:30 a.m.. Can you see the drop during it's first five minutes of trading? The following one day Friday chart shows this drop better. Now this. Look at how low the 155 series of Exxon Calls traded down to on Thursday the previous day. It's to scare you and point out...