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Wednesday, May 14, 2014

Gold (GLD) May Put Options

Watch video: "Selling Gold Put Options Trumps Buy-and-Hold Strategy"


3/25/2014

Sold (to open) 2 May 2014 $123 puts at $1.60

Probability of success:  66%


5/14/2014 (Wed)

bought (to close) both puts at $0.05


NET PROFIT:  $301.39

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