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The DirectorThe Director
Broken wing butterfly on GLD. 10/20/16
Blue DonkeyBlue Donkey
Very cheap directional bet on GLD. Interesting. 10/20/16
The DirectorThe Director
Not cheap unfortunately because bpr due to risk of large downmove. But GLD not likely to crash but likely to have some downmove with IVP of 4. A large rebound is a scratch. 10/20/16
Blue DonkeyBlue Donkey
I would not buy 115 leg. 10/20/16
Blue DonkeyBlue Donkey
I checked the chart - I do no think GLD will move anywhere much. Down is not unlikely, below 115 - not gonna happen 10/20/16
The DirectorThe Director
Sure that is a possibility. I am not comfortable with unlimited risk so I only do defined risk trades (these are also IRA compatible). 10/20/16
The DirectorThe Director
Trade for educational purposes only, not a recommendation. 10/20/16
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