• Trader's Profit Compass
    $XLU 11K Jun 42 Puts bought; they keep going after it
    5/14/14
    Reply (5)
    • Ray44: Are they looking for a spike in interest rates? Or just a macro market play? Utility bills only seem to go up and we are captive to it.
      5/14/14
    • Trader's Profit Compass: interest rate play IMO; it has not worked so far
      5/14/14
    • markrpat: Will $XLU price rhyme with 2013? 2012? It's a stepchild of many sectors. Just for fun, pull up 14 day chart of $XLU v. ^RVX (RUT VIX).
      5/14/14
    • markrpat: I bto the Jun 42 puts today as well. There aren't any options for Jul/Aug? This is a quick trade for me, not gon'na let it dwindle.
      5/14/14
    • Trader's Profit Compass: i too am short; small position
      5/14/14