ConocoPhillips’ stock has seen a rise following the release of its Q2 results on August 7. Analysts have been increasing their price targets for COP stock, which appears undervalued compared to its historical yield. Shorting out-of-the-money puts is considered a smart move in this situation.
Read more at Barchart: Analysts Keep Raising ConocoPhillips Target Prices – Shorting Puts is a Good Play Here
