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If there was any truth to the negotiations being dead, - Optionray - 08-17-2013
We would be down in the 50's!
RE: If there was any truth to the negotiations being dead, - tarulestheday - 08-17-2013
'Optionray' pid='27399' datel Wrote:We would be down in the 50's!
FWIW, BE (Before Exxon) IOC had pretty decent support in the $52-55 range. I suspect that is where we would land if XOM cuts us loose. But I consider that a longshot at this point.
http://stockcharts.com/h-sc/ui?s=IOC&p=W&b=5&g=0&id=p80923464412
Sold some September $60 puts today based on that support.
Use or flush