The spread trade in financial ETF XLF has closed with a profit. The trade closed at $0.62 before fees and commissions. The original trade post can be found here. Reasons for the trade are below. Now on to the next trade!
- Put was within two weeks of expiration
- Drawdown was already very significant
- Trade was still 100% time value
**
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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
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