Wednesday, 8 May 2013

MayWk2 - GLD Market Update



MayWk2 - GLD Tuesday Market Update

Last night's performance by the GLD market was a sideways movement. There are a few opportunities that we can see from this. I am looking for a trade come Friday past midnight Singapore Time. 

Last week's GLD trade was quite profitable. I sold a Put Spread for $140/141 for a premium of $0.08. I am looking to repeat that feat this week. So hopefully GLD will be volatile this week as well.

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