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Trading Options On XLP

In times of uncertainty, like the crazy market behavior we’ve seen in the past few weeks, many traders don’t know where to look for trades.

Understanding how sectors work will always give you an edge most traders miss.

Slow and steady is what XLP – Consumer Staples- has afforded us. It has proven to be a profitable opportunity to ride a steady trend.

In today’s conversation, I will explain how we got into the trade and how it is being managed.

As an added bonus, I will also be showing you how a small account can take advantage of trades like XLP.

Let’s look at the charts and the dollars here…

What's Up In The Markets?

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Free Downloads

34 EMA Wave, GRaB Candles & Darvas 2.0 Indicator Downloads

Identify trends, sentiment, momentum and key price levels with Raghee's free indicators.

ThinkorSwim

Propulsion Dots Indicator Download

A dynamic indicator based on the comparison of 2 EMAs in the form of buy and sell dots.

ThinkorSwim

Know What's Up In The Markets

Follow Raghee’s FREE Countdown Trader Newsletter to keep up with the what, where and why of trading today's market.

We will never sell your information to any third parties.