Retail Sector is Going Up

I am looking to make money in the retail sector by buying the XRT which is the SPDR S&P exchange traded fund.  The XRT has 85 holdings with its top ten being Footlocker, Express, TripAdvisor, Macy’s, Guess, Finishline, DSW, Tiffany&Co, Tailored Brand and SUPERVALUE. 

The economy is strong and folks are buying discretionary goods. This leads the XRT to post higher highs and higher lows as of late after a healthy retracement over February and March. 

The XRT is a great way to be diversified within retail so no one bad earnings call rocks the boat or your position. Even better, buying “in the money” calls of the XRT trading at $47.29 but only costing us $1.44 per share is the way to go for the next rally up. So for 100 shares it only cost us $144 versus $4,729 for 100 shares of the underlying stock. Want to trade like this? Then hit us today !

Emerald Chase LLC clients bought the 01 Jul 46.5 calls 

*image from sgs.com