Monday’s Prospects

I have two potential trades for Monday.

PFE qualifies for a further look and possibly a trade because of its relatively high implied volatility within the range of its most recent broad move.

XOM has implied volatility that fails to meet my criteria in both the annual range and the most recent broad move, and won’t qualify for further analysis unless there is a dramatic rise in implied volatility during Monday’s market session.

By Tim Bovee, Portland, Oregon, Jan. 27, 2017