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Friday, May 20, 2016

Gold (GLD) June Call Option

5/11/2016 (11:44:47 am, PT)  (RD)

sold -1 June 2016  $127 call at $1.11

Why did I place this trade?
  • stochastics in overbought region
  • 75.63% probability of success


5/20/2016 (9:20:24 am, PT)

buy back call option at $0.35 (68% of max credit)

PROFIT:  $76 (in 9 days)


SUCCESS!