The XLF spread trade closed after it reached the stop loss level. Other reasons for the closure of the trade are below. Now on to the next trade!
- Time on trade less than 2 weeks
- Time value in trade higher than normal at this stage of option price to time remaining
- Hoping and wishing for an unlikely change in price due to my ego wanting to be right doesn't normally pan out to well ;).
**
This blog is used for informational purposes only. It should not be
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
kdkoptions@gmail.com **
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