Wednesday, October 10, 2012

Sold SPY Nov $145 put

The SPY Nov $145 put has been sold for $3.44. SPY was at $143.40. The trade ended Code Yellow. Some of the reasons for the sale are:

- SPY moved into major support

Previous trades include USO (call and put)IAU, PIN and FXC (calls twice) 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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