I add to my gold longs with some July puts. I was already short Aug 91 puts. The recent low was 114.6. It is choppy action today around the Fed news. The plan is to roll down and out if gold declines. If steady or up, I get to pocket the tiny premium. One issue is the large margin requirement for selling puts on GLD.
Long BRKB GLD IWM NSC PG XOP XRT
Net long APC BA LGF SPY