The FXY spread trade was closed for a profit today. The trade sold for $0.80 before commissions and fees. Portions of the profit will go to charity, taxes, investors, and back into the trading account. This time one of the benefits of being in a spread trade worked out as in the beginning of the trade, the call looked like the winner. But in the end, the put came through with the profit. Some reasons for closing the trade are below. On to the next trade!
- Expiration is tomorrow
- Trade in a profitable status
**
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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
moment communication on KDK Options trades, email at
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