Sign Up

Sign up to receive free updates from the Rational Speculator.

Unsubscribe at anytime.

Sign Up

Sign up to receive free updates from the Rational Speculator.

Unsubscribe at anytime.

Selling a Vertical Put Spread in Gold

I am selling a vertical put spread in gold. Volatility is decent and the long term prospects for gold are excellent. The maximum loss for each spread is $1,420. [$2,500 (1635-1660) – $1,080 (credit received) = $1,420] I would try rolling it for another credit into the next month if the trade goes nowhere for a while. And I will be quick to take it off for a profit.

/GC May 26 +1635P-1660P for $10.80 credit.

Share on twitter
Twitter