The USO November $34.00 put trade is still open. The status of the trade is Code Orange. The put closed the week at $1.50. That is a drop of $0.30 since the trade was started. The USO ETF closed the week at $34.12. That is a rise of $0.26 since the trade started.
Previous trades include USO, IAU, PIN and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade and or futures options information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Friday, September 28, 2012
Monday, September 24, 2012
New Bearish Trade In USO
The November $34.00 Put option for the oil ETF USO has been bought. The price of the option was $1.81 before commissions and fees. The target for the option is $2.50. USO is currently trading at $33.86.
Previous trades include USO, IAU, PIN and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade and or futures options information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Previous trades include USO, IAU, PIN and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade and or futures options information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Friday, September 21, 2012
Indian ETF PIN Option Trade Closed Code Yellow
Today, the trade in the December $18.00 call options is over. The trade ended Code Yellow. The Options were sold for $1.25. PIN is trading at $18.70. Some of the reasons for the trade are:
- There are political and economic matters that has created uncertainty over the trade. Some of the matters were not known before the trade was made, which is
- There was a lack of confidence in the the trade due to this uncertainty.
- The fast run up of PIN
- Selling at a small profit is a bonus for this trade given the uncertainty.
Previous trades include USO, IAU, and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
- There are political and economic matters that has created uncertainty over the trade. Some of the matters were not known before the trade was made, which is
- There was a lack of confidence in the the trade due to this uncertainty.
- The fast run up of PIN
- Selling at a small profit is a bonus for this trade given the uncertainty.
Previous trades include USO, IAU, and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Monday, September 17, 2012
New Call Trade In India ETF PIN
Call Options were purchased on the Indian ETF symbol PIN. The December $18.00 call options were purchased for $1.15 before commissions and expenses. PIN is currently trading at $18.37. The target selling price for the option is $2.00.
Reasons for the trade include:
- Technical analysis suggests move to $20.00.
- Positive comments from their PM regarding the increased allowance of foreign investment in the Indian retail and aerospace industries.
- Recent central bank actions improve probability of rise in global stocks
Previous trades include USO options, IAU options, and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Reasons for the trade include:
- Technical analysis suggests move to $20.00.
- Positive comments from their PM regarding the increased allowance of foreign investment in the Indian retail and aerospace industries.
- Recent central bank actions improve probability of rise in global stocks
Previous trades include USO options, IAU options, and FXC options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Saturday, September 15, 2012
Loonie Trade Closed Code Yellow
Yesterday, the trade in the FXC December $101.00 call option trade ended Code Yellow. The options were sold for $2.50. That gave a profit of $0.65 before commissions and fees. FXC closed the day trading at $102.39. Some of the reasons for the sale were:
- FXC rose very quickly this week.
- Time value on the option was disappearing faster than previously thought.
- Spreads on the option were wide suggesting low interest.
- It's always good to to make a profit when you think it is enough!
Previous trades include USO options, and IAU options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
- FXC rose very quickly this week.
- Time value on the option was disappearing faster than previously thought.
- Spreads on the option were wide suggesting low interest.
- It's always good to to make a profit when you think it is enough!
Previous trades include USO options, and IAU options.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Tuesday, September 11, 2012
New Trade Gone Loony, Bought FXC Calls
Yesterday, calls on FCX were bought. The December $101.00 were bought for $1.90 before commissions and fees. The target for the trade is $3.00. FCX is currently trading at $101.71. Some reasons for the trade are as follows:
- New 52 week highs reached
- Broken out of resistance
- Coming global fiscal easing
- Canada's fiscal strength
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call. Previous trades include USO, IAU options.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
- New 52 week highs reached
- Broken out of resistance
- Coming global fiscal easing
- Canada's fiscal strength
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call. Previous trades include USO, IAU options.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Friday, September 7, 2012
IAU Option Trade Ends Code Yellow
The IAU option trade has ended. The October $16.00 call options were sold for $0.90 before commissions and fees. IAU was trading at $16.82. The status of the trade was Code Yellow.
Some reasons for the sale include:
- The move up was very quick
- The move up in the ETF reached its target price. Technical analysis shows there might be some resistance at this point.
- Speculative time value in the option has dropped below $0.10.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call. Previous trades include USO options.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Some reasons for the sale include:
- The move up was very quick
- The move up in the ETF reached its target price. Technical analysis shows there might be some resistance at this point.
- Speculative time value in the option has dropped below $0.10.
If a more conservative approach is more to your trading style, Trading Futures ETF Options also follows Sell The Call, a blog covering all things covered call. Previous trades include USO options.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the securities mentioned in this blog. Do your Due Diligence before any trading or investing.
Sunday, September 2, 2012
IAU trade Code Yellow
The status of the ongoing IAU trade is Code Yellow. The Oct $16.00 call bid price is currently $0.65. that is a rise of $0.10 for the week. The price of IAU is $16.48.
If you like to trade Covered Calls, check out Sell The Call blog for all information on covered calls.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the above securities. Do your Due Diligence before any trading or investing.
If you like to trade Covered Calls, check out Sell The Call blog for all information on covered calls.
**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the above securities. Do your Due Diligence before any trading or investing.
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