GLD (gold) has been in bearish territory for a while now, there is just more downside to that, it doesn't seem like there is going to be a breakthrough anytime soon.
Last week's opportunity presented itself, and I sold a Call Spread for GLD $155/156 for a premium of $0.05 and the option expired worthless. :)
Based on the performance of GLD, I think there could be another selling opportunity this week. :) Let's see what the market offers for us tonight. :)
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