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Exxon Part Two. This Blog Only Has Meaning If You Read My Previous Blog First

Here is it's chart. Exxon jumped up quickly,
Can you now day trade the Puts? Yet then again if your fresh off the highs of a win why would you want to? Walking away from winning situations is a good thing to do. Stay away. Here are two series of Puts to consider given that this rise happened so quickly. Maybe a thirty minute play on the downside is doable?.
.......
Lets now look at Exxon's one day chart as of 10:40 a.m.
Am I an expert in trading Exxon options? Not really. It's kind of about finding stocks you like with options on them that trade in one dollar increments and looking for what looks like tradable opportunities. Now a 11:00 a.m. look at the 115 Puts. This series would benefit the most if this stock starts to wobble. I wouldn't want to put fresh money into this, only profits. (See my last blog).
Now here we are eight minutes later and these Puts are holding steady.
Six more contracts have traded. Exxon had a great move and it's time to move on. * Now a 1:35:00 p.m. update. Nothing has changed. The risk to remain in this position is now not worth it.

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