Friday, October 5, 2012

FXC Option Trade Closed Code Yellow

The FXC Dec $100.00 call trade was closed. The status of the trade was Code Yellow. The option was sold for $2.40. FXC was trading at $102.01. Some of the reasons for the trade include:

- The rapid ascent of FXC
- Upcoming G20 meeting that was not known when trade was initiated
- Ability to have more cash for the upcoming week

Previous trades include USO (call and put)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. 

No comments:

Post a Comment