A new spread trade in the financial ETF XLF has been started. Two April 6 $30.00 call options and 1 March 29 $27.00 Put Option have been purchased for a cost of $0.45 before commissions and fees. The expectation for the trade is $1.35. Some reasons for the trade are below:
- Financial sector forming upper wedge
- Interest rates rising
- Economy movingin a positive manner
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used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. If you would like up to the
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