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blackmarkt
Nov 8, 2013 3:55 PM

Long GLD Calls  Long

SPDR Gold TrustArca

Description

Longed GC_F 85 & also GLD Dec 124 calls at 3.00
Comments
blackmarkt
stopped on last GLD -3 119.8 GC got nice scalps to finish that all in all for a tiny profit but gold trade overall a wash with loss in GLD calls
blackmarkt
add back GC that was sold at 93 at 71
blackmarkt
Needs to close above 85-86 for 1300+ EOY target
blackmarkt
Also scaled GLD at 124.7 +1.20
blackmarkt
scaled GC at 1293 +18
blackmarkt
Scaled 1 GC at 1285 +10 holding 67%
blackmarkt
Was stopped out on GLD calls at 2.1 -.90 yesterday but added to GLD & GC avg now 123 & 1275 respectively
blackmarkt
Added GC at 78 & ditched the GLD calls at 2.70 -.30 longed GLD stock at 123.5
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