Update on XLF Spread Option Trade

The current spread trade on XLF will continue. The expectation is still $2.00 Stop loss levels have been set. Some of the reasons for continuing the trade are below. XLF has moved $0.25 up to $28.00 since the trade started. A weekly chart is also included. The original post on the trade can be read here.

- Earnings are coming this week
- Rates have made a 10% move up and look to continue this move
- Rotation into financial stocks likely





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