Thursday, October 4, 2012

New December $100 Calls Bought In FXC

The FXC Dec $100 Calls were bought for $1.94. FXC is currently trading at $101.19. The target for the calls is $3.00. Some of the reasons for the purchase are:

- FXC has come down from its recent high of $103.00 to support at $101.00
- The Canadian fiscal situation is fantastic relative to the US, Europe, and others
- Continued loosening by other central banks

 Previous trades include USOIAU, PIN and FXC options. All the trades have been profitable. Take a look by clicking on the links!

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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