Traders Playground

Buying Swing: buying here 2x OVERSIZED GLD 117 May calls at .14-area . The strategy was to re-enter the 116s lower but now am refocusing on the 117s even higher risk may calls that today expire for a scalp. Am doing this for multiday buy signals are here on the verge of clearing on gold and it could cause a strong pop in the calls. The market is also here setting up to regain some of yesterdays loses and since this is OE day the volatility can be increased greatly. This is very very very very high risk and may be throwing good money after bad but today being OE and a buck move in GLD is a easy task am using this as a unique but huge risk opportunity that could yield exceptional gains or 100% loss.if this dose not work out then all the gains made on the GLD puts from the day all time highs would be erased.