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Strategies & Market Trends : Option Strategies

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To: sm1th who wrote (2556)	3/20/2024 2:05:10 AM
From: robert b furman	Read Replies (1) of 2591

Hi sm1th. Nice flatliner for a stock. More open interest at the 47.50 contract. This market has been strong, I'm expecting a breather may happen. Then I'd double down on the 47.5, and triple down on the 45.00. That would get your yield in the 4.% plus. I missed on XOM @ 95.00 and CVX at 130. Have my cash sitting in Money market account getting 5.0% plus. I think crude will get expensive this summer drive season. The oil patch will give Biden some inflation before the election. PAYBACK! Good to see you posting. Best of trades! Bob

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