AlexanderGotay

Double Calendar on Gold looking for a volatility spike.

COMEX:GC1!   GOLD FUTURES
After 80 plus days in a sideways move consolidating, we are right at a point where Gold             can start to move. With volatility at the lows, a good strategy would be to buy a double calendar to take advantage of any strong move that will make volatility expand. I will be buying the Dec             1365 Call and 1295 Put, and Selling the Nov 1365 Call and 1295 Put.
Trade active: We got our move on Gold and our long positions are doing well. However I rolled the call side of the Shorter term down changing this trade into a straddle strangle swap.
Trade closed manually: After watching gold moving down so fast, I decided to close the trade for a small loss, the move to a straddle helped us giving us an additional $600 and we where winning on the long Strangle, however the loss of the short put was bigger and overall we ended up with a loss of about $150.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out