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If there was any truth to the negotiations being dead,
#1

We would be down in the 50's!

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#2

'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

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