Options Know-How: Exxon Mobil, Tesoro

From Dykstra: The Hits Keep Coming:

While many others were likely wincing at all the blood in the streets on Wednesday [July 9], those who follow my picks had something to cheer about ... specifically $8,400 to cheer about. I put three more check marks in the win column.

The first is United Technologies (UTX Quote), my pick from Monday [July 7]. I went with the January $50.00 calls. This is a company that has been good to my readers. Yesterday's [July 9] victory is our second win with UTX this season, and fifth total in the last two years. I will keep going back to this pick as long as we can keep pulling wins from it.

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Plus, try Lenny Dykstra's options-focused Nails on the Numbers premium service.

Go Bottom-Fishing With Bank Options (Video)

This may be the best time to bottom-fish with battered-down stocks. Options expert Steve Smith explains the best way to cash in.

To watch the video, click the player below:

Plus, don't miss How to Play Fannie Options Now (Jul. 8) on TheStreet.com TV.

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