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Friday, April 19, 2013

Exxon Mobil Apr 2013 87.50 Put Option

3/25/2013

sell 2 April 2013  $87.50 put options at $0.75


4/19/2013 (exp. Friday)

XOM at $86.87 at 10:31 am.....it's in-the-money

buy back put options at $0.65 to avoid assignment

Net gain:  $6.92

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