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Thursday, April 21, 2016

Gold (GLD) Call Options

4/13/2016 (6:46:15 am, PT)

sell -10 April 22, 2016 (wk 4)  $122 calls at $0.45

Why did I place this trade?
  • stochastics in overbought region
  • 78.50% probability of success

4/14/2016 (7:52:14 am, PT)

buy back calls at $0.16

PROFIT:  $290 (in ONE day!)

SUCCESS!