Sorry. It's XLF, not XLE. Was in XLE last week. XLF not looking good right now but the calls expire 5/18 so have some time.
I play a little in the small cap world too, mainly penny stocks. I usually buy those at the close then sell at the open for 10% profit. Guy that runs the room I'm in started an account in December with $6500 and just hit $25,000 this week. He is starting over beginning of next week but I think he is starting with $10k this time. Just overnight holds. No options in that account, just penny stocks.
Well I would think XLF is a good play with longer term calls. Interest rates are going to rise.
Hmm, I never considered that. Doesn't sound like a bad strategy to allocate a small part of ones portfolio to if one has the tolerance or funds for that risk.