It is a muddled picture for this option cycle because some positions were initiated as part of a spread. Anyway, six options expire worthless, one of them a long option. So the overall picture, counting spread trades as a single entity, might be characterized as four winners, one loser.
GLD turned into a frustrating trade. I bought a Jun/Jul 160 call calendar way back when. After the Jun 160 call expired worthless, I sold the Jul 161 call, turning it into a vertical. GLD did rally but not enough for this to turn profitable.
Going forward, I am short August puts on GLD, IWM, SPY, TLT, and also am short a SPY Sep 105/110 put backratio spread. Historically, August sometimes is a volatile month, so positions remain small.
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