choochoohiggins

GKD Bull FLag monthly

Long
choochoohiggins Updated   
AMEX:GLD   SPDR Gold Trust


just now
We have a Bull Flag on the monthly for GLD, Price movement is expected to be around $12-$15 I'm going to play the options on this; buying the 45 Strike on Exp 20 March 20, if I want to lower my risk, I can turn it into a debit spread by also selling the 150 strike onEx[ 20 March 20 .. as of the writing of this the debit spread would cost $59 with a profit potential of $441, A very nice Risk to Reward.
Comment:
and of course, the subject for this should be GLD and not GKD
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