Wednesday, May 23, 2012

CLOSING the $GLD trade

15jun - this credit spread will be expiring today at max profit. not a big position but a winner is a winner.


23 may- been in and out of GLD months ago..won some lost it another shot today. hard to see since had to zoom way out on chart..testing the support near 148 earlier today..went with strikes below the next support line at 144ish..already a good gain since putting it on.doesnt mean it cant reverse again tomorrow

Sell the June 142/139 credit put spreads at .30 credit

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