Buy Alert: XOM Calls Tue Jun 20 2023 Hey traders, Larry here. Today, we’re going to open a position in Exxon Mobil (XOM). Action to Take: Buy to Open the XOM August 18 $105 Calls for $3.60 or better. Do not chase this trade higher, and do not pay more than $3.60. Before you make the trade, I want to share a few things… It’s important that you don’t put more into any one trade than you can afford to lose. While I feel strongly about each recommendation I share, it’s important to build your account slowly over time. Going “all in” on one trade can have devastating results if the market moves against us. Instead, it’s all about taking consistent profits, time and again. That’s how I built my wealth. Lastly, make sure you’ve read the special reports I’ve prepared for you right here and watch our training videos right here. As always, keep an eye on your inbox for the next opportunity. Regards, Larry Benedict
Editor, One Ticker Trader P.S. If you have any questions about the markets, trading options, or my proprietary approach to trading, please send them in to feedback@opportunistictrader.com. | Training Resources New to Options? Check out these training resources: Position Sizing Guidance Before you place this trade, please review our position sizing guidelines below… If you’re new to options or have a small account ($10k or less), we recommend purchasing just one option contract per trade recommendation. We always suggest that you start with one contract per trade recommendation and only consider increasing your regular position size once you’re comfortable with the risks involved with trading options. Regardless, we advise trading the same number of contracts for each recommendation. And we recommend all traders follow our buy-up-to price recommendations and do NOT chase prices higher as that can affect your potential returns. | Download the Opportunistic Trader Mobile App To make sure that you always have an eye on my trades, make sure you download the Opportunistic Trader Mobile App (here are the links for iOS and Android) and enable push notifications after you log in. That way, you'll receive a notification on your phone as soon as I post my next actionable guidance, and never miss the chance to profit. And if you're a user of the Opportunistic Trader Mobile App and find it valuable, consider leaving a review on the App Store or Google Play page. If you think it could use some work, let us know that, too. | |
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