Buying Swing: covering then going long GLD 131 next week cal
Posted: Fri Jan 28, 2011 10:26 am
Buying Swing: covering then going long GLD 131 next week calls at .45-.50 area still looking for clears 2x OVERSIZED, That was the short from yesterday at .75 so decent profits so locking in profits then taking a bullish stance. I like going here bullish gold as a market bearish stance as we see weakness in the likes of AAPL. like it as a market hedge here after the recent falls on gold. making it twice my usual single entry size limit. also watching the Deb 133 calls that we so well protected with the weekly strategy.