Major diversified oil and gas company Exxon Mobil Corp. (NYSE: XOM) triggered a new buy on black!

Our Apex Movement Patterns suggest the stock is on the verge of a breakout that will extend its rally.

So, today, we recommend you add XOM call options.

At the same time, our system tells us to exit our buy-on-red trades in oil producer Diamondback Energy Inc. (Nasdaq: FANG) and refiner Marathon Petroleum Corp. (NYSE: MPC).

We recommend you close your puts in FANG and MPC to minimize losses.

Here are the details…

XOM Meets Our 2 Rules

Rule No. 1: The Apex Profit Trigger

Click here to learn more about this proprietary indicator.

On XOM’s chart, the red bars in our momentum indicator turned black, which is our signal.

We’ll buy on black with July call options.

Rule No. 2: Triple-Digit Potential

Options are our “profit accelerator.” They let us capture large, speculative gains.

To ensure our potential reward is worth the risk, we only select options that give us the chance to earn triple-digit gains if the trade reaches our target.

XOM’s price is around $48.90 today.

If XOM climbs 14% to our target — around $56 per share — the options we’re recommending today provide the chance for a 157% gain before they expire on July 17!

Your 1st Action to Take:
Buy to Open XOM July $47.50 Call Options

Here are your details to complete two actions:

No. 1, enter the buy order.

And No. 2, place an order to grab profits on HALF of your position when it reaches a 70% open gain. For more about why we recommend this action, click here.

Trade Recommendation
Buy Action to Take
Stock:	Exxon Mobil Corp. (NYSE: XOM)
Option Type:	Call Option
Expiration:	July 17, 2020
Strike Price:	$47.50
Option Symbol:	XOM200717C00047500
Action:	Buy to Open
Order Type:	Limit Order
Duration:	GTC (Good ‘Til Canceled)
Limit Price:	$3.30 (Anything below $3.30 is great.)
Note: Do not place a market order.
Once this order is filled, place the following order:
Sell Action to Take
Stock:	Exxon Mobil Corp. (NYSE: XOM)
Option Type:	Call Option
Expiration:	July 17, 2020
Strike Price:	$47.50
Option Symbol:	XOM200717C00047500
Action:	Sell to Close Half (Note: If you buy only one contract, sell the entire contract at a 70% gain, since you can’t sell half a contract.)
Order Type:	Limit Order
Duration:	GTC (Good ‘Til Canceled)
Limit Price:	Whatever nets you a 70% gain based on your entry price. (Example: Sell half your contracts at $5.61 if entry is $3.30.) Click here to learn more about how to calculate your 70% entry price point in your brokerage account.
Trade Deadline:	Keep this order open until it is filled or canceled.
Note: This second order will allow us to collect a 70% gain on half of our position if a quick move happens before I can get a trade alert out to you.

Every trade comes with risk. Our risk-management strategy strives to limit individual losses. Proper risk control is a huge part of long-term success.

Your 2nd Action to Take:
Sell to Close FANG June $40 Put Options

Here are your details to complete this action:

Trade Recommendation
Sell Action to Take
Stock:	Diamondback Energy Inc. (Nasdaq: FANG)
Option Type:	Put Option
Expiration:	June 19, 2020
Strike Price:	$40
Option Symbol:	FANG200619P00040000
Action:	Sell to Close
Order Type:	Limit Order
Duration:	GTC (Good ‘Til Canceled)
Limit Price:	$0.35 (Anything above $0.35 is great.)
Note: Do not place a market order.

Your 3rd Action to Take:
Sell to Close MPC June $35 Put Options

Here are your details to complete this action:

Trade Recommendation
Sell Action to Take
Stock:	Marathon Petroleum Corp. (NYSE: MPC)
Option Type:	Put Option
Expiration:	June 19, 2020
Strike Price:	$35
Option Symbol:	MPC200619P00035000
Action:	Sell to Close
Order Type:	Limit Order
Duration:	GTC (Good ‘Til Canceled)
Limit Price:	$0.70 (Anything above $0.70 is great.)
Note: Do not place a market order.

If you have any questions about today’s trades, email our team at apexprofit@banyanhill.com.

And be on the lookout for your weekly update tomorrow.

Good investing,

John Ross
Editor, Apex Profit Alert