Not Purchasing All At Once

Sometimes your research allows you to take on a position that contains many units (shares or options contracts). One thing that needs to be kept in mind is not going in 100% all at once. You should schedule your buys throughout the trade. Major risk abounds by going all in. Capital protection and trade verification need to be achieved.

When purchasing many options contracts or many shares of a stock or etf, an investor or trader feels confident that the expected move will happen. But if that trade is wrong, the losses can increase quickly. One protection against that action is to plan a purchase program in stages. Determining how much to buy when is up to the investor. But going all in right away risks capital that should not be risked. Sometimes sacrificing a little bit of profit in order to protect capital is essential and should be used when possible.

Investors and traders tend to have their egos show up while trading. Let's face the fact that making money is the purpose and feels good. But sometimes we are wrong. The trade sometimes goes exactly the other way the moment we enter. A key to winning trading is to wait for the verification before the bulk purchase. Allowing for verification before the bulk purchase has saved many a traders' capital. This strategy also allows for more trades to be executed because of the fact that losses taken when we are wrong are much smaller than if we go all in.

So remember to use a proper purchase plan when making a decision to purchase lots of stock or many options contracts. Hopefully it will not only save your capital, but extend your profitable trading career.

UUP Put Continues; Status Code Orange

The Decemeber UUP put trade continues into next week. The trade has increased by adding December $21.00 puts at a cost of $0.02 per contract. UUP is currently trading at $21.93. The December $22.00 put is trading at $0.25. The December $21.00 put is currently trading at $0.01. The target for the December $22.00 put contract is still $1.00. The target for the $21.00 contract is $0.15.

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. 

UUP Put Trade Continues; Code Orange

The December UUP $22.00 put trade is continuing into next week. The status of the trade is Code Orange. The option bid is currently at $0.35. UUP is currently trading at $21.81. The FOMC meeting is next Tuesday and Wednesday. It is currently expected that the meeting will create downward pressure on UUP. The target for the trade is still $1.00.

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. 

Bought Dec UUP $22.00 Put Options

Bought December UUP $22.00 put options for $0.50. UUP is currently trading at $21.65. The target price for the trade is $1.00. Reasons for the trade are:

- M formation in chart pattern

- Small time value attached to options

- QE/Euro strengthening

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. 

Closed FXF Call Trade; Code Yellow

The November FXF $106 call option trade has been closed out at $1.40. FXF was trading at $106.73. The trade ended Code Yellow. Reasons for the trade are:

- Possible exhaustion gap

- Found another trade with higher profit potential

Previous trades include USO , IAU, PIN, SPY, XHB, 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. 

Bought FXF (Swiss Franc ETF) Nov $106 call options

Bought the November $106 call options for Swiss Franc ETF FXF. The price of the options was $1.05. FXF is trading at $106.25. Some of the reasons for the trade are:

- The trade is based on technical markers suggesting a W formation.

- The Fed is still going to pump more money into the system as inflation numbers came in very favorable.

- Europe is meeting on Thursday and Friday with Spain and Greece the focus. Possible EU purchases pending

Previous trades include USO , IAU, PIN, SPY, XHB, 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. 

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, 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. 

Bought XHB December $25.00 Calls

December $25.00 calls on XHB were purchased for $1.07. The ETF XHB was trading at $24.89 when the trade was made. The target for the trade is $2.00. Reasons for the trade are:

- Bullish comments from sources including Federal Reserve, Banks, Home specific retailers, and Home Builders

- Strong support at the $24.00 range.

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. 

USO Nov $34.50 call Sold for loss; Code Red

The USO Nov $34.50 call has been sold for a loss. The trade status was Code Red. The option was sold for $0.88. USO was trading at $33.50 at the time. The reason for the trade is:

- It hit the stop loss price

Previous trades include USO (call and put), IAU, PIN, SPY, 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. 

USO Nov $34.50 Call Continues Code Orange

The USO November $34.50 call trade continues.  The status of the trade is Code Orange. The option is priced at $1.06. USO closed the week at $34.00. Some reasons for holding onto the trade are:

- Middle East tensions rising (all about Syria)

- USO having similar pattern when QE2 happened

- US economic conditions (especially housing) improving

Previous trades include USO (call and put), IAU, PIN, SPY, 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. 

New Trade Buying Nov Calls in USO

Calls in the USO Nov $34.50 were bought today. The trade was made for $1.23 per call. USO is trading at $34.15. The target for the trade is $2.00. USO is currently trading at $34.20. Some of the reasons for the trade are:

- Oil looks to be forming a one month W formation

- Oil markets are very volatile right now  

- Weekly reports on IEA inventories comes out at 9:30 central time

Previous trades include USO (call and put), IAU, PIN, SPY, 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. 

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.  

Bought Nov SPY $145 put

The November SPY $145.00 Put was purchased for $2.99. SPY was trading at $144.20. The target price was $4.00. Some of the reasons why are:

- Another big bar looks likely with earnings coming up

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.  

SPY Option Trade Ended Code Yellow

The trade in the SPY November $146 Put has ended Code Yellow. The put was sold for $3.34. The SPY was trading at $144.50. Some of the reasons for the trade are:

- Big bar down on SPY before earnings season starts tonight.
- Taking profits before uncertainty
- Thoughts of SPY moving towards a zero day based on earnings.
- Since only a November Option, time value was lessening at a faster pace

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. 

New Put Trade in SPY; Bought Nov $146.

The November SPY $146 put has been bought for $2.54. SPY is currently trading at $146.00. the target on the trade is for $4.00. Some of the reasons for the trade include:

- A double top and an M forming technically
- Earnings releases beginning next Thursday sounding negative
- Jobs report has mixed results

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. 

FXC Option Trade Closed Code Yellow

The FXC Dec $100.00 call trade was closed. The status of the trade was Code Yellow. The option was sold for $2.40. FXC was trading at $102.01. Some of the reasons for the trade include:

- The rapid ascent of FXC
- Upcoming G20 meeting that was not known when trade was initiated
- Ability to have more cash for the upcoming week

Previous trades include USO (call and put), IAU, PIN 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. 

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 USO, IAU, 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. 

USO trade ended Code Yellow

The Nov $34.00 put on USO was sold today for $2.12. USO was trading at $32.70 at the time of the trade. The trade status was Code Yellow. Some of the reasons for the sale of the put are:

- USO had big move down
- Time Value on option went from $1.70 when the trade started to $0.70 today.
- There is major support at the 32.50 level
- If it looks to break $32.50 a different call with a longer time period will be purchased.



Previous trades include USO, IAU, PIN 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.