Wednesday, October 17, 2012

Closed FXF Call Trade; Code Yellow

The November FXF $106 call option trade has been closed out at $1.40. FXF was trading at $106.73. The trade ended Code Yellow. Reasons for the trade are:

- Possible exhaustion gap

- Found another trade with higher profit potential

Previous trades include USO IAU, PINSPY, XHB, 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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