REALLY tempted to jump on some June 3rd Weekly Calls with this nice wide hammer
dandle off the 50 day MA. BUT, too much econ
news Thurs/Fri this week and i don't want to get trapped. Yellen speaks Fri
and could give more validation to a June rate hike and Gold
will plummet to the bottom of the sea. Might have to lay off the Gold
trade until after the FOMC on June 15th. Not worth
the risk.. Plus the IV of options right now are somewhat pricey at 50% +. Better steals out there in my opinion.