XLF – Call Entry

I bought 30, DEC 15 calls on XLF for .70.  this is a $2100 outlay and I’m looking for XLF to move into the $16.00 area before this market rally is done.  Looking to use the 7 day moving average as a stopping area.


Posted on November 20, 2012, in Jeffs 3k-100k. Bookmark the permalink. 2 Comments.

  1. luckest guy , I am in and got mine at .68 already making lunch money , but I did not get appl exit as good , but in a little better there to, so its a wash thanks dan o

    Date: Tue, 20 Nov 2012 15:30:28 +0000 To: ex_blue@hotmail.com

  2. yeah…with this, I’m not trying to get entries and exits that are relatively static so a bunch of people can get the same price. I’m just trading. The better and worse prices will likely wash in the end.

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