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, PIN, SPY, 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