Indian ETF PIN Option Trade Closed Code Yellow

Today, the trade in the December $18.00 call options is over. The trade ended Code Yellow. The Options were sold for $1.25. PIN is trading at $18.70. Some of the reasons for the trade are:

- There are political and economic matters that has created uncertainty over the trade. Some of the matters were not known before the trade was made, which is

- There was a lack of confidence in the the trade due to this uncertainty.

- The fast run up of PIN

- Selling at a small profit is a bonus for this trade given the uncertainty.

Previous trades include USO, IAU, 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 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 India ETF PIN

Call Options were purchased on the Indian ETF symbol PIN. The December $18.00 call options were purchased for $1.15 before commissions and expenses. PIN is currently trading at $18.37. The target selling price for the option is $2.00.

Reasons for the trade include:

- Technical analysis suggests move to $20.00.

- Positive comments from their PM regarding the increased allowance of foreign investment in the Indian retail and aerospace industries.

- Recent central bank actions improve probability of rise in global stocks

Previous trades include USO options, IAU options, 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 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.