Selling Swing: GLL at 10.00 and GLD Mar 105 puts at 1.08-.04

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Selling Swing: GLL at 10.00 and GLD Mar 105 puts at 1.08-.04

Post by MMASSASSIN »

Selling Swing: GLL at 10.00 and GLD Mar 105 puts at 1.08-.04 . I am temporarily selling the full bearish GOLD positions GLL at a small gain from 9.81 and the puts more or less flat. Am here removing every bearish gold bet due to a multiday point of significance were a bullish and strongly bullish move could be the translation of these patterns. If we see continued strength on GOLD I would even do a 2-4 day bullish swing position. nothing has cleared yet but interesting patterns cause me to step out of the bearish gold positions for just now.
Top

Return to “Swing for the Fences”