The SPY December $138.00 call trade was closed Code Yellow. The option was sold for $2.25. Reasons for the sale are:
- Huge run up in SPY
- Found another trade with less time value
Previous trades include USO , IAU, PIN, SPY, XHB, FXF, 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.