I cover AXP short (buy back the Jan 45 call). The shallow rally after I entered the position makes me nervous enough to take the profit now instead of waiting until Friday expiration.
In other news, GLD break 90, a couple of days after the spot price of gold crosses $900. Gold is overbought, however, it would be foolish to short, and almost as foolish to buy in at this time. GDX confirmed a new high yesterday, but today is again lagging.
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