Sell
GLD Nov 144 calls
A
short strangle is a bet on a trading range. This one is far out with
tiny premiums. Some may ask why bother? The premiums are tiny, but I
have buying power and don't think I will find that many new positions
to take before October expiration.
Massive rally in stocks today, thank goodness, as the red ink was getting rather deep.
Long
AMGN APC BA BRKB GDX IWM KORS LGF NKE XRT
Net
long GLD SPY
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