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ThetaTrades

XLE 55/53 Put Credit Spread

Long
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
ThetaTrades Updated   
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Trend Analysis Support and Resistance put putcreditspread creditspread options XLE sectors
1
0
trendanalysis supportandresistance put putcreditspread creditspread options xle sectors
Opened for a 0.25 Credit


XLE is making a strong move upwards, this filled on the afternoon pullback. If this pulls back in the next few days I will add the call side to turn this into a IC. This will provide me delta neutrality and allow me to play the range from 55-60.

Comment:
Closed this trade for a 0.10 debit this morning (order was GTC) in hindsight I should have held longer.
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