dex,i might follow you into this one, out of the 5 you listed i like COP first, and Xom second, on the options im interested in the spread is only 1% and on xom its 2 % on the other stocks i cant afford the 6% spreads in their options and that stinks too because i really liked the chart on CVX too. to risky for me when i want to get out. Im curious of the two i like which one do you favor and why?
the key for me might be to buy these far out enough incase they dont bounce right away. i like cop i think earnings out of the way, beat the street, the unknown would be xom, although if xom came out with stellar earnings about the same time oil was on the rebound, you could really see some fireworks. on the other hand if they miss, and oil is still heading down xom could become the laggard.