USO Trade Still Open; Status Code Orange

The USO November $34.00 put trade is still open. The status of the trade is Code Orange. The put closed the week at $1.50. That is a drop of $0.30 since the trade was started. The USO ETF closed the week at $34.12. That is a rise of $0.26 since the trade started.

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. 

New Trade Gone Loony, Bought FXC Calls

Yesterday, calls on FCX were bought. The December $101.00 were bought for $1.90 before commissions and fees. The target for the trade is $3.00. FCX is currently trading at $101.71. Some reasons for the trade are as follows:

- New 52 week highs reached
- Broken out of resistance
- Coming global fiscal easing
- Canada's fiscal strength

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. Previous trades include USO, IAU options.

**Disclaimer** - This is just trade 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.

IAU trade Code Yellow

The status of the ongoing IAU trade is Code Yellow. The Oct $16.00 call bid price is currently $0.65. that is a rise of $0.10 for the week. The price of IAU is $16.48.

If you like to trade Covered Calls, check out Sell The Call blog for all information on covered calls.


**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the above securities. Do your Due Diligence before any trading or investing.

USO trade finished Code Yellow

The USO trade has ended. The October $35.00 call option was sold for $2.43 before commissions and fees. The price of the USO ETF was at $36.37. The trade ended Code Yellow.

Some reasons for the sale:

- Decrease on the time value of the option was moving quicker than increase of intrinsic value of option.

- Brent has reached above $97.00

**Disclaimer** - This is just trade 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.

Current Status of USO trade Code Yellow

The USO trade is still currently on. The status of the trade is Code Yellow. USO closed the week at $35.95. That is a rise of $1.12 for the week. The October $35.00 call bid price closed the week at $2.29. That is a rise of $0.61 for the week.


 **Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the above securities. Do your Due Diligence before any trading or investing.

New Trade in USO

There has been a new trade in USO. It is an Crude Oil ETF. The account has purchased October $35.00 call options. The account paid $1.68 before commissions and fees. The price target for this trade is $3.20. A stop loss price has also been decided but will remain unannounced until after the trade is finished.

**Disclaimer** - This is just trade information. It is not a recommendation to buy or sell any of the above securities. Do your Due Diligence before any trading or investing.

Trade Status Color Codes

For each trade, a color code will be assigned as to designate its status. The colors are below:


Code Green - This status means that the trade is profitable past the target set. Once this happens, the trade's stop loss will be moved up.

Code Yellow - This status means that the trade is profitable, but has not yet has reached the target price. The stop loss will move up to the cost basis of the trade.

Code Orange - This status means that the trade is below the cost basis but above the stop loss.

Code Red - The trade has hit the stop loss and is now over.

Welcome to Trading Futures Options

This blog has been created to follow a futures options trading account. ETF options will also be used when necessary to execute a trade.