Income Masters Trade Alert: XOM
Let’s book fast profits on our Exxon Mobil (XOM) put, earning a 0.3% return in one day, or 124% annualized. Current Stock Price: $108.95 Cash in Hand: $0.72 Action: Buy to close the XOM 18 Aug 103 Put for around $0.37, but adjust as needed to close today Profit: $0.35, or $35 per contract