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Selling Swing: selling GLD 180 weekly puts at 9.20 area 630

Posted: Wed Aug 24, 2011 2:59 pm
by MMASSASSIN
Selling Swing: selling GLD 180 weekly puts at 9.20 area 630% PURE PROFIT from 1.26 also sold 176 weekly puts at 5.35 huge profits there, now shorting GLD 169 weekly puts at 1.25 same contract amount as the long on 167 weekly puts so am terming bullish on gold, but am willing to tern the position around bearishly fast if we lose the day lows. Sorry for late posts but if your in our audio cc its easier to hear me speak of the strategies real time.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!