Opening (IRA): XRT April 17th 70/Sept 19th 50 LCD*... for a 17.57 debit.
Comments: And back into XRT, which is at/near 52 week lows with a long call diagaonl/Poor Man's Covered Call, buying the back month 90 and selling the front month that pays for all the extrinsic in the long.
Metrics:
Buying Power Effect: 17.57
Break Even: 67.57
Max Profit:
Key stats
About SPDR S&P Retail ETF
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
XRT uses equal-weighting rather than market-cap-weighting to make radical differences in exposure and performance than its peers. The effect of equal weighting is keener than some other equal-weighted funds because it draws retail stocks, as defined by GICS, from the broad S&P Total Market Index that include stocks of any capitalization. The result, XRT has an order of magnitude in greater small- and micro-cap exposure. The fund holds retail companies that stretch across multiple sub-industries that include apparel, automotive, computers and electronics, department stores, drugs, food, general merchandise stores, hypermarkets and super centers, internet and direct marketing retail, and specialty stores. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Retail Trade
Stock breakdown by region
Opening (IRA): XRT April 17th -71C/Sept 19th 50C LCD*... for a 17.91 debit.
Comments: At or near 52 week lows. Buying the back month 90 delta and selling the front month such that it pays for all the extrinsic in the long, with a resulting break even that is at or below where the underlying is currently trading. The Sept 19th 50C is shown at the 6
XRT eyes on $80.61: Top of year long range about to break out? Retail sector has been consolidating most of the year.
Perhaps the election was needed to reduce variables.
Looking for a Break-and-Retest entry or rejection here.
$ 80.61 is the fib of interest right now.
$ 78.63 is a minor support below for SL.
$ 83.81 will be first resistance / target.
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Intuition stock Long setup on XRTI ask for stocks sometimes from my intuition, and this immediately came to mind. That's usually a good sign and means it's true guidance. I also had the number 112 or 13 and the impression of up.
I do dowsing and the reading suggested a bit of a move down and then up to around 90-91. I think it's
XRT: Bullish Inverted Head and Shoulders Could Target an 0.886XRT on the hourly has started to form what could be a Bullish head and Shoulders, if it plays out it could result in the XRT making a 0.886 Fibonacci Retrace likely starting before the end of the week. Additionally, the RSI has a Bullish Shark formation which could serve as further confirmation of t
XRT: Ringing the Register on Retail StocksSmall caps have surged to fresh highs dating back to the first quarter of 2022. The Russell 2000 ETF (IWM) has suddenly become a darling among sellside strategists and even buyside macro portfolio managers. Recall it was just two months ago when the group traded around 12 times next year’s earnings
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Summary
Neutral
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.