We bought USO in the Premium Service about 10 days ago. Those calls are up over 300%. A week a go we entered OXY, that is up about 25% in a week. The move in oil is not done, in fact, it looks ready to breakout for a new leg higher. I want to add one more oil producer, in particular, one of our past favorites, XOM. Trading around $147-148 this morning, we want to pounce on XOM calls on any move above $150. I suspect once there, it will be a fast a furious run toward $200. Note: Any close above $148 (currently trading @ $148.20) can be used in lieu of a move above $150, maybe buy half on the former, the second half on the latter. XOM 2-Day It's unlikely to hit $200 before Sep expiration, but $170-180 is certainly doable. We're looking for a triple and then rolling into December for another triple. Risk 50%. XOM Aug $155C Either of these strike/expirations work, though I''ll be buying Sep in the PRO portfolio. XOM Sep $160C Final Note: SLV I am watching Silver closely for a fresh breakout into the $58-60 area, especially on a closing basis. The purest play is the SLV Sep $60C, but I am also looking to add a silver producer, or two. Stand by for a Silver breakout. SLV 2-Day SLV Sep $60C
