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Michael Chen
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24 followers
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moving to new url: trulytrading.com
hi guys, i'm moving the blog over to trulytrading.com all future updates and posts will only be posted at the above URL, thanks for the support!

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GLD Structure Update #2 (Fully Closing Put Side For a Profit)
GLD trading up 1.09% following some bad news coming out of Ukraine over the weekend. On Friday I closed half of my put side since it has reached sufficient profit to fully cover the debit side of the structure. I am now closing the put side fully to elimina...

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GLD Structure Update
GLD is trading up 1.32%. A quick update on the structured position. If you sold the 115 Put in June to finance a) forward ratio for 6 cents b) or butterfly for 11 cents. you can now cover the puts for sufficient profit in order to fully cover the debit side...

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Gold - A better way to go long? (Part 4 - Put Side Structure)
GLD trading down half a percent at close today (4/30). Before we get into financing the call side with a put structure, let's look at what would have happened to various long positions from yesterday when GLD was trading at $125.03 ( Part 3 ). *all options ...

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Gold - A better way to go long? (Part 3 - Call Ratio Structure)
GLD is trading at 125.03. Pretty much where it was on Friday close. In Part 2 , I mentioned the call forward ratio. Let's take a look at this structure in depth. First, the June monthly options with strikes labelled with the standard deviation calculations ...
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