The current call trade with financial ETF XLF will continue into next week. The trade currently in a price position of $0.52. That is higher than the purchase cost of $0.41. A stop loss program is still in place. The expectation for the trade is $1.00. Some of the items for the trade are below.
- G20 meetings going on
- Possible W forming
- Fed Meeting coming up
- 20 and 50 day moving averages coming together
** 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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