Options Playbook Radio 99: XOM Fig Leaf

Today it is time to take a longer term view on oil. How will this happen: the fig leaf strategy. For those of you at home, you can find this on page 56. You can always find the information on OptionsPlaybook.com. Today, Brian discusses: Will OPEC work with oil producers to cut production? Taking a look at oil services companies, specifically XOM What is the fig leaf strategy? Setting up the trade Does the company pay a dividend? Taking a longer-term outlook for XOM Looking for a high-delta option contract Picking the right contracts What's the maximum risk? Reward? What is the outlook? And more...