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, PIN, SPY, 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.