Close: Exxon Mobile (XOM) Put Calendar +20%

Insanemoney's Mojo got me on the POT trade (well, if you consider 56% not good enough compared to 116% like me) but I got him back on XOM. Here's Mojo's closing trade.

Here's my opening trade.

Here's my closing trade:
SOLD -20 CALENDAR XOM 100 APR 08/MAR 08 85 PUT @.90, XOM MARK 83.07

So a credit of .90 gives me a +.15 profit.

.15 over .75 is a 20% return in 6 days. That's rocking!

MdrNate

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