MomentumOptions.com New Trade (XLU) for 5/3/2021

1:45pm (EST)

I have a New Trade today so let’s go check the action.

New Trade!

Utilities Select Sector SPDR Fund (XLU, $67.27, up $0.55)

Buy to Open XLU June 69 calls (XLU210618C00069000, $0.65, up $0.13)

Action: I like these call options at current levels and you can use a Limit Order up to 75 cents to get the best fills. These are the regular XLU June 69 calls that expire on June 18th, 2021.