The SPY Nov $145 put has been sold for $3.44. SPY was at $143.40. The trade ended Code Yellow. Some of the reasons for the sale are:
- SPY moved into major support
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
Wednesday, October 10, 2012
Bought Nov SPY $145 put
The November SPY $145.00 Put was purchased for $2.99. SPY was trading at $144.20. The target price was $4.00. Some of the reasons why are:
- Another big bar looks likely with earnings coming up
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
- Another big bar looks likely with earnings coming up
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
Tuesday, October 9, 2012
SPY Option Trade Ended Code Yellow
The trade in the SPY November $146 Put has ended Code Yellow. The put was sold for $3.34. The SPY was trading at $144.50. Some of the reasons for the trade are:
- Big bar down on SPY before earnings season starts tonight.
- Taking profits before uncertainty
- Thoughts of SPY moving towards a zero day based on earnings.
- Since only a November Option, time value was lessening at a faster pace
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
- Big bar down on SPY before earnings season starts tonight.
- Taking profits before uncertainty
- Thoughts of SPY moving towards a zero day based on earnings.
- Since only a November Option, time value was lessening at a faster pace
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
Friday, October 5, 2012
New Put Trade in SPY; Bought Nov $146.
The November SPY $146 put has been bought for $2.54. SPY is currently trading at $146.00. the target on the trade is for $4.00. Some of the reasons for the trade include:
- A double top and an M forming technically
- Earnings releases beginning next Thursday sounding negative
- Jobs report has mixed results
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
- A double top and an M forming technically
- Earnings releases beginning next Thursday sounding negative
- Jobs report has mixed results
Previous trades include USO (call and put), IAU, PIN and FXC (calls twice) 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.
FXC Option Trade Closed Code Yellow
The FXC Dec $100.00 call trade was closed. The status of the trade was Code Yellow. The option was sold for $2.40. FXC was trading at $102.01. Some of the reasons for the trade include:
- The rapid ascent of FXC
- Upcoming G20 meeting that was not known when trade was initiated
- Ability to have more cash for the upcoming week
Previous trades include USO (call and put), 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.
- The rapid ascent of FXC
- Upcoming G20 meeting that was not known when trade was initiated
- Ability to have more cash for the upcoming week
Previous trades include USO (call and put), 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.
Thursday, October 4, 2012
New December $100 Calls Bought In FXC
The FXC Dec $100 Calls were bought for $1.94. FXC is currently trading at $101.19. The target for the calls is $3.00. Some of the reasons for the purchase are:
- FXC has come down from its recent high of $103.00 to support at $101.00
- The Canadian fiscal situation is fantastic relative to the US, Europe, and others
- Continued loosening by other central banks
Previous trades include USO, IAU, PIN and FXC options. All the trades have been profitable. Take a look by clicking on the links!
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.
- FXC has come down from its recent high of $103.00 to support at $101.00
- The Canadian fiscal situation is fantastic relative to the US, Europe, and others
- Continued loosening by other central banks
Previous trades include USO, IAU, PIN and FXC options. All the trades have been profitable. Take a look by clicking on the links!
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, October 3, 2012
USO trade ended Code Yellow
The Nov $34.00 put on USO was sold today for $2.12. USO was trading at $32.70 at the time of the trade. The trade status was Code Yellow. Some of the reasons for the sale of the put are:
- USO had big move down
- Time Value on option went from $1.70 when the trade started to $0.70 today.
- There is major support at the 32.50 level
- If it looks to break $32.50 a different call with a longer time period will be purchased.
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.
- USO had big move down
- Time Value on option went from $1.70 when the trade started to $0.70 today.
- There is major support at the 32.50 level
- If it looks to break $32.50 a different call with a longer time period will be purchased.
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.
Subscribe to:
Posts (Atom)