ConocoPhillips (COP) – Trade Idea

Company Description

ConocoPhillips is an independent exploration and production company. The Company explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG) and natural gas liquids. The Company operates through six segments: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific, and the Middle East, and Other International. The Alaska segment explores for, produces, transports and markets crude oil, natural gas liquids, natural gas, and LNG. The Lower 48 segment consists of operations located in the United States Lower 48 states and the Gulf of Mexico. Its Canadian operations consist of oil sands developments in the Athabasca Region of northeastern Alberta. The Europe and North Africa segment consists of operations and exploration activities in Norway and Libya. The Asia Pacific and the Middle East segment has exploration and production operations in China, Indonesia, Malaysia, and Australia. Source:  Reuters.


Daily OHLC Chart YTD

COP versus S&P500 YTD

Total Return Chart YTD

Laggards became leaders in 11 of the last 17 years

Open Interest

Option Pricing

IV Implied VolatilityRV Realized VolatilityIVP Implied Volatility Percentile

Trade Idea

Monday’s close price triggered a long momentum signal based on one of our proprietary strategies. If you are bullishly disposed, you may want to consider the following trade structure:

Buy117 Jan62.5Call


50 %
Profit Target

Trade Structure Profit Target.

50 %
Premium Stop

Close the Trade Structure after if the fair market value is <50% of Net Debit Paid.

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