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Buying Swing: buying GCZMV 2X OVERSIZED at .27-.30 GLD 100 P

Posted: Wed Dec 30, 2009 10:28 am
by MMASSASSIN
Buying Swing: buying GCZMV 2X OVERSIZED at .27-.30 GLD 100 PUTS Jan. Yesterday we started with a new bearish gold position with GLD 105 puts that now are but a buck away from in the money, now am moving into the higher risk puts , the 100s Jans on the belief that GOLD may now continue what it started some weeks back and have another fall bend support levels. this obviously is higher risk positioning .