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I've only been trading for a couple months but this recent activity of XOM looked like a good opportunity. I bought a call and sold a put on XOM looking for a bounce next week at least above the broken support. Also, I've noticed USO has held support and short interest is lowering.
TLT, GLD, VNQ and XLU all have gone down over the threat of interest rates increasing and a lot of money was moved. Just some thoughts... any opinions?
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