NaughtyPines

CLOSED GLD JUNE 17 113/116 SPV; ROLLED CALL SIDE

AMEX:GLD   SPDR GOLD TRUST
Gold             just won't give me any breaks. It whips to the put side; it whips to the call side ... . Lol.

With 7 DTE             and the put side nearing worthless, I closed it out here for $5 (near max profit). I then rolled the 121/124 short call side out to the July 8th expiry for an $11 debit and sold the 114/117 short put vert in the same expiry for a $50/contract, so that I was net credit on the roll.

I still have a July 1st 111/114/118/121 GLD             iron condor on in the July 1st expiry, but the put side there still has some value left in it, so I'll probably just leave it alone for now.
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