$XOM $RIG #ShortPuts #FallingKnife -…

$XOM $RIG #ShortPuts #FallingKnife – sold these on the oil weakness
Sold XOM Aug 26 2016 80 Puts @ 0.37 – these have only a few weeks until expiration
Sold $RIG Nov 18 2016 7 Puts @ 0.29 – longer term with the strike below the YTD low