XLF Spread Trade Update

The spread trade for the financial ETF XLF continues. The price of the ETF is at $27.50. The trade expires on June 15th. The original post covering the trade can be found here. Stop loss prices have been set and will be used quickly next week if volatility shrinks. 

- The fed decision is in 12 days.
- The ETF volatility has picked up
- Market volatility has picked up
- Plenty of Geopolitical news to move the ETF 5%+

The daily chart with 20, 50 sma

 


The weekly chart with 20, 50 sma





 ** 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 **