BROADCASTS.com

Today it is time to take a longer term view on oil. How will this happen: the fig leaf strategy. For those of you at home, you can find this on page 56. You can always find the information on OptionsPlaybook.com.

Today, Brian discusses:

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• Will OPEC work with oil producers to cut production?
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• Taking a look at oil services companies, specifically XOM
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• What is the fig leaf strategy?
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• Setting up the trade
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• Does the company pay a dividend?
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• Taking a longer-term outlook for XOM
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• Looking for a high-delta option contract
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• Picking the right contracts
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• What's the maximum risk? Reward?
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• What is the outlook?
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• And more...
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