XLF Calls

I used this afternoon’s selling pressure to pick up some XLF calls.  These are the same calls I bought last week.  20 of the Dec 15 for .74.  XLF is sitting on the lower bollinger band on the hourly chart while resting on the 7 day moving average.  I am expecting XLF to move over the 16 level later this week.
Holding onto FCX as well.  Stock down slightly but still trading above the 7 day moving average.


Posted on November 27, 2012, in Jeffs 3k-100k. Bookmark the permalink. Leave a comment.

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