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.
Showing posts with label Futures. Show all posts
Showing posts with label Futures. Show all posts
Sunday, September 2, 2012
Monday, August 27, 2012
New Trade In IAU (Gold ETF) Options
A new trade was started today. October $16.00 call options on the gold ETF IAU were purchased for $0.55 before commissions. The target price is $1.00. IAU is currently trading at $16.25. Reasons for the trade include the following:
- A confirmed breakout
- Upcoming speculation on stimulus by global central banks (US, European, and China).
If a more conservative way to invest or trade is more to your liking, don't forget to check out Sell The Call and its coverage of all things covered calls!
**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. Previous trades posted on this blog include USO.
- A confirmed breakout
- Upcoming speculation on stimulus by global central banks (US, European, and China).
If a more conservative way to invest or trade is more to your liking, don't forget to check out Sell The Call and its coverage of all things covered calls!
**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. Previous trades posted on this blog include USO.
Friday, August 17, 2012
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.
**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.
Tuesday, August 7, 2012
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.
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.
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