we know XOM is the largest and best integrated in the business. However, last couple weeks it has heavily under performed the XLE. Lets look for a convergence in price.
Long XOM and short XLE in a 1:1 ratio.
(I'm still learning how to properly match volatility in pairs trades but I think this should be ok)
FYI not real money just recording it here for learning purposes
Long XOM and short XLE in a 1:1 ratio.
(I'm still learning how to properly match volatility in pairs trades but I think this should be ok)
FYI not real money just recording it here for learning purposes