A new spread trade in Financial ETF XLF has been started. A July 27th $27.00 call and a July 27th $26.00 put were bought. The cost of the trade was $0.55 before fees and commissions. The goal of the trade is $1.50. A stop loss plan is in place.Reasons for the trade are below.
- Financials at an inflection point technically
- Earnings are this week
**
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diligence before trading or investing. If you would like up to the
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