Friday, January 25, 2013

March UUP $22.00 Call Trade Continues Code Orange

The March UUP $22.00 call trade continues. The status of the trade is Code Orange. UUP is currently trading at $21.77. The call bid price is $0.09.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.  

QQQ Feb $71.00 and Mar $70.00 Trade Continues Code Orange

The QQQ call trades will continue. QQQ is currently trading at $67.00. That is a  from last week. The status of the Feb $71.00 call trade is Code Orange. The call bid is currently trading at $0.01. The status of the March $70.00 call trade is Code Orange. The call bid is currently trading at $0.24.

The February trade ends on Feb 22. The March trade ends on Mar 15.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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. 


Friday, January 18, 2013

QQQ March $70 and Feb $71.00 Calls Trade Continues Code Orange

The March $70.00 and February $71.00 call trades continues. The status of the trades are Code Orange. The Feb $71.00 call bid price closed the week at $0.04. The Mar $70.00 call bid price closed the week at $0.34. The ETF closed the week at $67.09.

The February trade ends on Feb 22. The March trade ends on Mar 15.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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 Mar $22.00 Call Trade Continues Code Orange

The UUP March $22.00 call trade continues. The status of the trade is Code Orange. UUP closed the week at $21.85. That is a rise of $0.11 from last week. The March $22.00 call bid price closed the week at $0.16.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.  

Wednesday, January 16, 2013

March $70.00 QQQ Calls Purchased

March $70.00 QQQ Calls were purchased for $0.49. QQQ is currently trading at $66.89. The expectation of the trade is $1.50.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.   

Friday, January 11, 2013

March UUP $22.00 Continues Code Orange

The March UUP $22.00 call trade is still being held. The status of the trade is Code Orange. The call bid price is $0.11 That is a decline of $0.12 from last week. UUP is trading at $21.74. That is a decline of $0.24 from last week. The option expires on March 15. The target of the trade is still $1.00.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.   

QQQ Feb Call Trade Continues Code Orange

The Feb $71.00 QQQ call trade continues. The status of the trade is Code Orange. The call bid price is currently $0.11 That is a decline of $0.03 from last week. QQQ is currently trading at $67.26. That is an increase of $0.47 rise from last week. The option expires on February 15. The target for the trade is still $1.00.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.   

Saturday, January 5, 2013

Correlation Within Trading

Recently, the account was found to have two trades and a higher than alloted amount of capital with a high correlation. Puts were bought for FXA and calls were bought for UUP. The basis of the trades were the same, with expectation of a stronger dollar in the future. But making both trades was not the correct way to go and left the account in more danger than it should have been. Not surprisingly, the market took care of the mistake as the FXA trade moved into Code Red territory and the position was sold for a loss.

Finding the right correlation between trades is extremely important. Having a high correlation between many trades is a waste of capital as commissions will eat into profits. It can also leave you vulnerable to big moves in the opposite direction. Be sure to recognize and regularly review your trades' correlation levels when trading. If there is a high correlation between trades, be sure you understand why that added correlation risk is being taken on. If you do, then great. But if you don't, take action to remedy the situation.

**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. 

Friday, January 4, 2013

UUP 22.00 Call Trade Continues Code Yellow

The March UUP $22.00 call trade is still being held. The status of the trade is Code Yellow. The call bid price is $0.23. That is a rise of $0.06 from last week. UUP is trading at $21.98. That is a rise of $0.20 from last week. The option expires on March 15. The target of the trade is still $1.00.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.   

QQQ $71.00 Call Trade Continues Code Orange

The Feb $71.00 QQQ call trade continues. The status of the trade is Code Orange. The call bid price is currently $0.14. That is a decline of $0.07 from when the trade was initiated. QQQ is currently trading at $66.79. That is a decline of $0.43 from when the trade was initiated. The option expires on February 15. The target for the trade is still $1.00.

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.   

Thursday, January 3, 2013

New Trade in QQQ

A new trade has been placed. Feb QQQ $71.00 call options have been purchased for $0.21. QQQ is currently trading at $67.22. The target price of the trade is $1.00. Some reasons for the trade are:

- technical breakout on the charts

- earnings season approaching (Apple, Qualcomm, Cisco, Microsoft) before expiration

- heavy percentage of QQQ are just a few companies (Apple, Intel, Qualcomm, Cisco, Microsoft)

- small capital expenditure for possible large gain

Previous options trades include FXY, FXAUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.   

Wednesday, January 2, 2013

FXA Put Trade Over Code Red

The Feb FXA $103 put trade has ended Code Red. The option reached its stop loss price today as the ETF rose above $105.00 today.

Previous options trades include FXYUSO IAU, PINSPY, XHBFXF, UUP, and FXC. 

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.