Tuesday, October 16, 2012

XHB Dec $25.00 Calls Sold Code Yellow

The XHB December $25.00 call options were sold today for $1.31. XHB was trading at $25.28. The trade ended Code Yellow. Some of the reasons for the sale are:

- There was a quick run up in the etf due to housing numbers being released at 9:00 AM

- The profit opportunity in another trade allowed for the closing of this trade.

Previous trades include USO IAU, PINSPY, 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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