XOM is among the only stocks that gained over the past three months; the speaker is optimistic and likely bullish on it this earnings season. Despite that, he sees no good call-option strategy in XOM.

You have ExxonMobil, Travelers, Steel Dynamics, Fastnal, Kinder Morgan, JPMorgan, and BlackRock. These are the only stocks that have performed positively over the past three months.

For example, Exxon, Travelers, Steel Dynamics, and Fastnal are three out of four stocks I'm likely to take a bullish view of this earnings season.

For example, if we look at Exxon Mobil, you would have to open an options chain, specify the options strategy you want to trade, the expiry date, and the strike price.

And remember, which stocks am I optimistic about here? ExxonMobil, Travelers, Steel Dynamics, and Fastnal. Note that none of them appear here on this list for short-term long-term buyout contracts that are considered somewhat aggressive.

This tells me that despite my optimism about these stocks, there is no great options trading strategy based on them if I were to buy call option contracts.

So again, what stocks are on my list? ExxonMobil, Travelers, Steel Dynamics, and Fastnal. None of them appear here at the top of the list. What this tells me is that I shouldn't waste my time searching through option chains for Exxon Mobil and Vastenall stocks and all those stocks to try to find an option strategy that simply doesn't exist.

Um, Exxon Mobil, I consider trading Exxon Mobil a bullish deal, so I won't look at it.