Thursday, May 23, 2013

I'm going to add to the GLD June $133 Calls

I have a feeling these could appreciate over night. You will have to be VERY nimble to enter this trade as it may require it be closed on the open.

It still looks like it needs to pullback before we get the bounce I'm looking for, but from what I see, I think GLD will make at least a small move higher.

THIS IS A VERY SPECULATIVE POSITION.

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