FXA Put Trade Still On; Code Orange

The FXA Feb $103 put trade is still on. The status of the trade is Code Orange. the Feb $103 put is currently trading at $0.90. FXA is currently trading at $103.88.

Previous options trades include FXY, USO , IAU, PIN, SPY, XHB, FXF, 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.   

New Call Trade in UUP

UUP Mar $22.00 calls were purchased today. The price of the call option was $0.17. UUP is currently trading at $21.78. Reasons for the trade are:

- A triple bottom has been hit.

- Other currencies showing weakness

 Previous options trades include FXY, USO , IAU, PIN, SPY, XHB, FXF, 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.   

New FXA $103.00 Put Trade

A trade has been made in FXA. The February $103 Put has been purchased. The option was purchased for $1.10. The goal for the trade is $3.00. FXA is currently trading at $103.80. Some reasons for the trade are:

- Risk off is bigger and bigger the longer that the US Fiscal Cliff keeps going

- FXA is technically overbought and a 2 month time frame major level of support of $100 is in reach


Previous options trades include FXY, USO , IAU, PIN, SPY, XHB, FXF, 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.  

Bought FXY Jan $118.00 Puts

The account has purchased FXY January $118.00 put options. The purchase price was $1.10. The target for the trade is $2.00. FXY is now trading at $119.15. Reasons for the trade are:

- Upcoming elections that will most certainly contain more stimulus measures.

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

Closed IAU Position For Loss

The January $16.00 calls for IAU were sold on Wednesday and the position is closed Code Red. The calls were sold for $0.75 each. The reasons for the sale are:

- gap down into Code Red territory without clear reason

- technical pattern compromised

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

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 Option Trade Ends Code Yellow

The IAU option trade has ended. The October $16.00 call options were sold for $0.90 before commissions and fees. IAU was trading at $16.82. The status of the trade was Code Yellow.

Some reasons for the sale include:

- The move up was very quick

- The move up in the ETF reached its target price. Technical analysis shows there might be some resistance at this point.

- Speculative time value in the option has dropped below $0.10.

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 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.

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.

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.

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.