fiveonspy

This is a covered call position on XRT which is a retail sector ETF.Plan is to hold it for a short period and we are OK if it gets called out.

Sold a bear call vertical on VLO So, a potential to make $0.80 x 25 contracts ie $2,000 on a cash layout of $10,500.Which is a potential max return of 19% on the trade if VLO remains below 125