Gold (GLD) Put Options

Thursday, 7/28/2016 (10:11:04 am, PT)  FP

sold -5 Aug 2016  $123.50 puts at $0.56

Why did I place this trade?

• stochastics in oversold region
• 79% probability of success

Friday, 7/29/2016 (9:09:47 am, PT)

buy back all puts at $0.26

NET PROFIT:  $134.75 (in ONE day)

Success!