Wednesday, June 06, 2012

Buy GLD (sell puts)

Buy GLD via selling Jul 143 puts @158.8
Gold moving up today. Chart support at 148, and 144 is the 52-week low back in June 2011. I was already short Jun 146 puts which look to be safe.

Long BRKB, GLD, GNC
Net long IWM, LGF
Net short SPY
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