I’m not sure I ever recall uttering a positive word about Gold as an fundamental investment in the pages of RiskReversal. I’ve spoken about it from a techincal peespective. And since the shiny metal got …
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After a fairly sharp decline in the last month, highly correlated to the bounce in the U.S. Dollar, Gold finally bounced Friday off of an important technical level of 1200. It has followed through with …
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Here are a few long premium directional options trades that caught my eye in today’s trading: GLD – since the Gold’s ramp off of 52 week lows in mid December to new 52 week highs …
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GLD – when the etf that tracks the price of gold was $118.76, a trader rolled up and out a bullish view, selling to close 25,000 April 114 calls at 5.70, and buying to open …
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Is oil bottoming? Your guess is as good as mine. Is the production freeze from some large producing nations announced over night a start? Sure, but given last week’s massive reversal off of 13 year …
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Earlier today on CNBC’s Halftime Report, Billionaire Dallas Mavericks owner Mark Cuban stated like most others he is confused by what is going on in the financial markets, but recently thought there was an opportunity …
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What’s likely to be the largest trade in the options pits today was a bullish roll in the SPDR Gold etf (GLD). When the etf was $107, a trader sold to close 27,000 of the …
Continue readingHere is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. GLD – given the volatility in currencies, interest rates and commodities, there are many out there who would have …
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Here is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. CLF – saw a pre-earnings bullish roll. When the stock was 6.18 a trader sold to close 20,000 July 6 calls …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1.UAL – when stock was 61.18 a trader paid 5 cents for 10,000 of the May 95 calls to open. Break-even is …
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