Sell GLD

Sell GLD via buying back short Oct 94 puts

Sound the diving alarm, GLD going down fast. I bail out of the short puts for a decent profit. I warned about 9/24 expiration day for options on futures. I didn't expect this. I entered a limit order to get out of the vertical call spread on GLD Oct 99/104 for a loss, but so far it is not filled because the decline was so fast.

So still long one GLD position with a limit order to get out.

/edit to add: the second order got filled about half an hour later, so I am out for a 40% loss. The short put was about a 40% gain, but a smaller dollar amount, so a modest loss between the two trades.

Flat no positions