Here to see your thoughts on a move I'm considering. Shorting ExxonMobil on Monday or Tuesday.
Thesis: the attack on Iran has begun. Which should spike oil prices high. Yet the fundamental world situation is an oversupply of oil.
Therefore when hostilities end - supposing no serious damage to oil fields - the price of oil should crater again. So one XOM spikes two I short it then three XOM sinks as oil craters. Thoughts?