New Call trade in Financial ETF XLF

A new call trade was made with financial ETF XLF. The Dec 21st $27.00 call was purchased for $0.41 before fees and commissions. The expectations is for the trade to reach $1.00. A stop loss price has been set. Some reasons for the trade are below. A chart is also included.

- Interest Rate benefits for members (Berkshire, JP Morgan, Bank of America, Citigroup, etc.)
- Likely W formation being created
- October Housing Improved (Housing ETF XHB) Marketwatch story link here
- Many economic numbers to come out in the next few weeks






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