MomentumOptions.com New Trades (XLP) for 8/17/2020

2:30pm (EST)

I have a New Trade this afternoon so let’s get on it.

New Trade!

Consumer Staples Select Spiders (XLP, $64.60, up $0.44)

Buy to Open XLP September 65 calls (T200918C00065000, $0.85, up $0.10)

Action: I like these call options at current levels and you can use a Limit Order up to $1 to get the best fills. These are the regular XLP September 65 calls that expire on September 18th, 2020.