– BUY GLD Oct 14 122.00 Call @ 1.95
Following the holiday weekend GLD has gapped way down. Usually you’d wait to see where the follow through is but I’m going all in on a gap up. If you wait that extra day then you may miss everything. Traders are being very couscous right now. Seems like there’s a much better chance of the market going down a bit and gold going back up in my mind.
– 9/19/14 SOLD GLD Oct 14 122.00 Call @ .34
Bad move here. Just looking at the trend this wasn’t going to be a good one. This is what the consider “bottom picking”. Tried to save a little bit of loot.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!