Monday, October 15, 2012

Bought XHB December $25.00 Calls

December $25.00 calls on XHB were purchased for $1.07. The ETF XHB was trading at $24.89 when the trade was made. The target for the trade is $2.00. Reasons for the trade are:

- Bullish comments from sources including Federal Reserve, Banks, Home specific retailers, and Home Builders

- Strong support at the $24.00 range.

Previous trades include USO IAU, PINSPY, 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. 

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