The spread trade in financial ETF XLF has been closed for a profit. The closing price was $0.84 before fees and commissions. The original post on the trade can be found here. Reasons for closing the trade are below. Current open trades include a spread trade in Japanese Yen ETF FXY (link here).
- In the last 4 trading days, XLF moved down 6%
- Other opportunities exist
- Market shifting with Fed moves
**
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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