Bull or Bear Market… Doesn’t matter

Kyle Dennis’ new, 5 Min Strategy is poised to double Your Money Weekly!

Michael S. made 173% with Dollar Ace. So can you!


Follow-up: Financial Select Sector SPDR (XLF) calls

Davis MartinDavis Martin ·

The back story: On Monday, I wrote about my interest in the Financial Select Sector SPDR (XLF), and how I was looking to buy Dec. 15 $45 call options if the ETF crossed back above and held its 200-day moving average.

See Davis Martin’s Monday article on why he was trading the XLF

How it played out: I wound up buying to open 45 XLF Dec. 15 $45 calls at $0.56 each. Yields remained calm, markets were green and I sold Tuesday at $0.63 for a nice 11 percent gain overnight. Had I held a few minutes more, the gain would have been bigger.

What’s next: With banks paying next to nothing in interest rates these days, I love treating this bank trade as my personal piggy bank. There’s nothing wrong with trading the same securities again and again if you’re making money.

This opportunity has passed on XLF, but I’ll keep watching it to set up another trade.


Davis Martin is the head trader at Dailyprofitmachine.com. He trades SPY calls and puts and swing trades individual stocks and stock options. At the time this article was published on RagingBull.com, he had no shares, options or open orders on XLF, having traded Dec. 15 $45 calls on Monday and Tuesday of this week.

You may also like

Exclusive System Tracks Wall St. Insiders

“Dollar Ace Simply Exposes Information That Wall Street Wants To Keep Quiet” Said Kyle Dennis
“One member, Wesley M., has already reported 360%+ gains in just a few short days. Don’t miss this!”
(Reserve Access Now)

“What Recession?!” Jason Bond nets $55,060 in realized profit in One Day

After going 6 for 6 on profitable trades recently, we caught up with Jason to ask how he did it.
Check out Jason’s exclusive interview revealing this tightly guarded strategy. (Watch Now)

RagingBull.com Co-Founder, Jeff Bishop, Launches High Conviction Trade Service

“We listen to our clients and we give them EXACTLY what they want, so we designed a service to deliver 1 trade, 1 time a week, with a 100%+ PROFIT TARGET, directly to your inbox every Monday before the market opens. (Read More)

Be a Better Stock Trader, Starting Today

Get the expert insights, tips and strategies you need to optimize your trading skills and profiles