Buying Swing: buying GLD weekly 136 and 137 calls at .46 and
Posted: Wed Dec 01, 2010 12:21 pm
Buying Swing: buying GLD weekly 136 and 137 calls at .46 and .84-.88 areas respectively. both positions OVERSIZED am multiday bullish gold from here and larger picture see the possibility of a very sharp gold fall in the coming weeks. am still holding dec puts and here wish to play the upside to latter refocus bearishly. the 137 calls are higher risk and if we do not see a strong gold close I would exit that position.