NexusFi: Find Your Edge


Home Menu

 





GLD volatility a buy


Discussion in Options

Updated
    1. trending_up 1,244 views
    2. thumb_up 2 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
Greg Loehr
Portsmouth, NH
 
Posts: 25 since Jul 2013
Thanks Given: 0
Thanks Received: 10

I'll be the first to admit I'm not much for technical analysis, but my opinion is that GLD is consolidating. Add to that the fact that I think the implied volatility is pretty low, at least for the short term, so take a look at buying a GLD strangle. Not the ITM kind; buy perhaps the Aug5 (fifth week of August, for those whose brokers name the weekly expirations differently) 125-132 strangle. Today it closed around $3.20. Might be a decent play.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Elite Trader Funding, Avoid?
Trading Reviews and Vendors
MC Advanced Simulated Trading.
MultiCharts
tick data interval discrepancy
NinjaTrader
STRATEGY on MC crossEMA
The Elite Circle
Has anyone taken The Confident Trader course from aheadc …
Trading Reviews and Vendors
 
  #3 (permalink)
Greg Loehr
Portsmouth, NH
 
Posts: 25 since Jul 2013
Thanks Given: 0
Thanks Received: 10


Strangle closed out for a wash. Try again next time.

Reply With Quote




Last Updated on August 8, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts