#LongCalls #LEAPS – A little more theta and a little more pullback allowed me to get out of my XOM snoozer.

Sold to Close XOM JAN 17 2020 75.0 Calls @ 7.47
Bought to Close XOM MAY 4 2018 75.5 Calls @ 1.36

All said and done including weekly sales made a whopping .16 per contract after commissions. I’ll take it!

Now…staying in energy but moving on to something with a little more premium.

Bought ERX JAN 17 2020 36.0 Calls @ 10.49 (89 weeks needs 12 cents per week)

Sold ERX MAY 11 2018 37.5 Calls @ .50