OXY Options Outsmarted?

21 Eyl 2019

OXY could be headed for the little, red boxes. How do I know? It's very simple. So I noticed a pattern of options expiring at resistance or support. The red boxes are options expiration dates. The hypothesis of this experiment is to plot options expiration dates against key support and resistance levels along a predetermined path extrapolated from earlier moves.

7 Eki 2019

Not

I see, it's off by 5 days. I need to stretch these patterns out, but the price target looks good so far...

10 Eki 2019

Not

Good. I know not to trust this strategy. It's taking the low route. Although 40 has provided prior support.