Reddit Posts
1 Month Update/Retrospective on broken wing butterfly/condor strategy.
Histogram Insights on 1-15 Day Returns Across Various Assets
GLD move after Bitcoin ETF approval
Deciding REITS for my portfolio. But lack the confidence in knowing how to valuate each choice.
GLD (Gold ETF) Jan 2026 OTM Long Call. Good idea or not?
Lower Cost ETFs: SPY vs VOO, QQQ vs QQQM, GLD vs GLDM, etc
US and Venezuela agree to prisoner swap because US knows Venezuela is about to invade Guyana and the US will have to intervene. Long oil
Thoughts on gold and silver as a trade
Doubled account. What next?
Starting my investing journey. Gonna put 40% each in VOO and QQQM and 20% into GLD so what is everyone’s opinions on these?
Starting my investing journey. Gonna put 40% each in VOO and QQQM and 20% into GLD so what is everyone’s opinions on these?
Diversifying a portfolio that is heavily correlated with SPY
GLD briefly pulled back to the 180 head and shoulders neckline this morning.
Grid Metals Announces Final Drill Results from Donner Lake Supporting a Maiden Resource Estimate by the End of June
Stock suggestions for quick gains and long term holding
GLD Trade Analysis: Are You Too Dumb To Predict Stock Prices? Me Too.
Inflation To Moon On Supply Side Risk
The Advantages of Futures Options Trading over Stock Options: I Increased My Profits 4X
The Advantages of Futures Options Trading over Stock Options: I Increased My Profits 4X
Gold and Gold Miners are about to RIP FACES!
Thoughts on this? Could this lead to a GLD gamma squeeze?
Precious metals, miners give up recent gains as banking fears ease (NYSEARCA:GLD)
Gold shines through the chaos as investors seek safe haven (NYSEARCA:GLD)
Banks are a melting pot and SAfe heavens are back.
Can the Fed really dare not raise rates next week? Who would have thought that gold could rise 6% in a week?
Can the Fed really dare not raise rates next week? Who would have thought that gold could rise 6% in a week?
Miners rise with gold and silver prices on bank sector worries, jobs data (NYSEARCA:GLD)
Anyone invested in a gold or other commodity ETF?
Gold books best week since mid-January as dollar, Treasury yields pull back (NYSEARCA:GLD)
Q3-Q4 Blood Bath? How to play stock Armageddon?
Gold slides below $1,900 after stronger than expected U.S. jobs report (NYSEARCA:GLD)
Gold and silver prices seen rising this year, analyst survey says (NYSEARCA:GLD)
1.1 million people are dead from covid-19. What's next for the economy, stonk prices, interest rates and gold prices?
Gold climbs to best level since April as greenback, Treasury yields slide (NYSEARCA:GLD)
GDXU, JNUG, GLD going to the moon!!!!! I am up 108% in 3 months!!!!!!!
Looking for alternatives to GLD ETF for European investors
Study finds that COVID was the leading cause of death globally in 2021
BREAKING NEWS: Study finds that COVID was the leading cause of death globally in 2021
How does this EMP look in terms of stability and viability?
The progress on inflation using pairs trades
Stop pushing $SPY and $VOO as the answer to everything.
2022-11-09 Wrinkle-brain Plays (Mathematically derived options plays)
2022-10-10 Better Tasting Crayons (Mathematically derived options plays)
2022-10-04 Better Tasting Crayons (Mathematically derived options plays)
How to Fight Russia with Gold and Oil
I derive pleasure from market pain🌈🌈🌈🐻🧸📉=📈🕺
no one can tell me this isnt peak diversification
Central bank net purchasers rise for third consecutive month $GOLD $GLD More Net Buyers Of Gold Then Sellers
Why Gold is The Best Play | Hint: Not Because of A Recession
Trinary Event Horizon - The Fed Has to Choose - Bet The Farm on Tech or Revive Volcker
Unsolicited Technicals post FOMC Update
Gold Is Holding Up as Stocks, Bonds, and Crypto Plunge $GLD, $GDX, $GOLD
Both bonds and gold have been resisting the last few days of selling, and if March 2020 is anything to go by, that is a very good sign for the market.
Week of 6-13-22: Most Important Charts #004
Week of 6-13-22: Most Important Charts #004
Mentions
GLD and SLV dumps while there are physical gold and silver scarcity. Would scarcity inevitably drive GLD & SLV prices higher again? in coming weeks?
GLD and SLV going to bounce hard Monday for the sole notion you know idiots loaded up on puts AFTER a major selloff.
GLD & SLV new ATH next week.
They literally didn’t even circuit break SLV or GLD yesterday. Imagine trusting them with your leverage
Silver lost 30%. GLD down 10%. Bitcoin 77k 😂🤣🤣🤣. Jesus christ that is so funny as someone who has never touched any of those asset classes
GLD going to literally erase Friday sell off Monday PM lmao.
I would like to approach this from another perspective. I will use IBRK account as an example I have noticed that you can not margin your bitcoin ( I could be wrong but I perceive it as such ), therefore I concluded it must be cash purchases from margin account. People investing in Bitcoin most likely enjoyed the silver and gold runs. ETF GLD and ETF SLV and the respective futures. The silver futures have maintenance margin rates of about 45K-48K, gold is around 28000 for a 100 oz contact. I think the ETF's and the margin increase have caused the bit coin investor to think " I would rather risk myself with silver and gold, than with electronic coin " So they have sold the coin to cover the downside risk of the stocks and ETF's.
Interesting. I know silver is more difficult to sell at spot. Rick Harrison never buys at spot if that’s any indication of broader in person selling markets. And I’ve seen stories over the course of this run up of dealers not wanting to buy silver at spot price. I’ve just been trading GLD and doing pretty decent.
Held $450P on GLD yesterday and was playing it super safe after getting burned during the late October pullback. I doubled up and sold to close but I could’ve easily had a 5 bagger
GLD sellers will rotate into BTC 🤡 https://preview.redd.it/e9esotcwzpgg1.jpeg?width=1293&format=pjpg&auto=webp&s=54dcd6920aa6fb78fd26b62465f0ec9ea1f52707
BTC sell off to pay T+1 SLV and GLD margin calls
Calling it now. BTC selloff to buy into SLV and GLD after the Friday sell off.
Why did I buy SLV and GLD instead of futures? Gonna spend 2 hrs watching from the cuck chair Sunday.
If GLD crashes on open monday I'll be absolutely fked, my rent is due
I'm in a similar boat with GLD leaps. What are you doing moving forward? I'm debating closing out the entire position vs. Closing some of it and letting the rest move forward. NGL it hurts to see, wondering how to manage the position. In my eyes, nothing that has caused gold to run up has changed that much. There's still QE, global instability (Iran), and rate cuts on the horizon.
Theres going to be generational SLV/GLD bagholders that will last 10+ years lol
So for all soft brains like myself, SLV and GLD were actually pricing that the FED would stop being independent by having a puppet of the government running it.
Corn is more oversold than SLV and GLD.
I got lucky and sold everything Thursday, then bought 2028 leaps on GLD and SLV near the bottom on Friday
That GLD drop yesterday paid for a sushi boat date!!
Both SLV and GLD will rise again next week, but will quickly fall as profit-taking by those who lagged behind. Then it will normalize.
Let’s see… gold and silver became Memes. The #1 and #2 most talked about symbols in wallstreet bets on Reddit were GLD and SLV. Let’s of betters came into these 2 ETFs over the past month, hence the 3-7% moves…. There were more options traded over the last week in GLD and SLV than the options for the whole Nasdaq…. Betters. This much money going quick up, comes crashing down when the paper hands start selling. They made their money, will most likely come back for lightening strike, but there are a lot of retail that bought at 100, 105, 110 and even 120 for silver so when it gets back or close to these numbers, they are dumping as they now broke even. Those are my thoughts. I was correct with my thesis - when you hear everyone start talking about it and it makes it to the top news stories, the game is ending, start selling. I started selling at spot price silver 85, 90, 95, 100, 110 sold 20% of why i had. Now I’m in the position to buy it all back at a discount. And i will, slowly when i think the fear is gone. Lots of blood in the water right now so it’s not a bad place to dip in.
Luckily enough I actually sold my weekly call Thursday morning ish for $8 at a decent profit, I just couldn’t pass it up. My longer call I’ll probably hold through the crash and see if it recovers 💔 I’m waiting to see what happens Monday, SLV crashed just off speculation from Warsh getting name dropped for fed chair, not because the dollar somehow changed fundamentally overnight and regained the trust of the world. We will see another spike in SLV/GLD soon enough, I just wanna time it better to capture more of the upside. $100 LEAPS are almost too tempting, they’re basically at a discount rn haha.
UPD: the put wall for GLD didn't change after the yesterday's move btw (still at 400). There is an additional support appeared at 420 (key delta strike). Intermediate resistance is at 460 (key gamma strike); the call wall is at 500 (as it was before the move)
You are still bullish on SLV and GLD?
A normal correction for GLD would have been 6, maybe 8% not the -13% it bottomed at. This was an expected correction lining up with the "hawkish"(fucking lol) fed nom, usd pump, institutional profit taking, automatic liquidation of leveraged positions, and probably a dozen other minor things. Over the weekend the market will realize warsh is a corrupt puppet(he's in the Epstein files ffs) and/or 🥭 will tweet some new deranged shit and we'll be marching back up.
All the smart money was in GLD/SLV puts lol. Just like it’s selling bitcoin when it runs. Traders and funds get an absolute raging clue when legions of regards on Twitter start pumping some random asset as the #newmoney lol. SilverWSB just bought a bunch of guys yachts. Nobody put a gun to their head, they just handed them the money.
Kevin Warsh's father in law is huge buddies with Trump? This guy that previously said rates could be lowered due to advances in AI? Apparently he's even in the fucking Epstein files too? And we've also got China *temporarily* halting silver trading? Especially after the already retarded run up in SLV lately, we were definitely due for some kind of pullback. I do think however once China continues silver trading, and *especially* once people realize that Kevin Warsh is going to proceed with Trump's plan to turn USD into Monopoly bucks, SLV & GLD are going to continue skyrocketing & this crash will be just a minor blip. After all, nothing that's been causing this run up in precious metals has really fundamentally changed.
Ended up at $74k realized losses on GLD calls, so that's not ideal. But I'm still up $54k from my initial $1200 from back in early December (SLV then into GLD) so honestly still a fantastic outcome and I learned a neat lesson about greed.
Man, I'm down almost 9k of my gains on GLD and UGL that I've been long since last august, and I bought 9k of the jan 600C at close today. I feel like you'll be fine though, because it feeds my cognitive bias, and you getting back to green means my longs are back up and my leaps 2x lol.
The most brain dead thing to do on gold was buy calls after today’s crash GLD 500 next week
What kind of diversification (in percentage) do you personally suggest: VOO, BTC, GLD, anything else?
Today was just the beginning. Fuck Ai. Fuck GLD. Fuck SLV. This is about leverage. We’re fucked.
Agreed - this is a nice reset for GLD and SLV. Would love to see a 21w pullback on SLV but not sure we get it since it's needed for the continuation of the 4IR build out and shortages are projected for the next several years. Someone in the Feb 6 chain thinks we'll get a snapback rally next week. Love how copper held it's own while GLD and SLV were bleeding their own blood...weekly still looks valid there.
Some people have really never seen a correction/pullback in a bull market before and it shows. GLD and SLV are up 12% and 15% YTD respectively despite today and folks are out here crying "omg it's over!!!" and "omg bear market!!!" 😂
Except that the etf resets daily. Your assuming a one day 50 percent drop this monthly drag on a 25 percent drop would be higher than what is was today. Example, rough math. ZLV 50% increase to 2.25 Let’s assume a straight line 5 percent drop across 5 trading days for SLV 2.25*.10- 2.47 2.47*10- 2.71 2.71*10- 2.98 2.98*10-3.27 3.27*10-3.60 Another 25% drop in SLV would put ZSL at around 5.30, and you still would not have reached a 50 percent haircut from $85- it would be around $51. It’s not a straight line number. Yes I’d SLV dropped 50% Monday- you are around your 4.60. But it doesn’t drop that much in a day and if it did we are fucked anyways. Go look at the GLD/GDXU/GDXD chart. You just need either a bulll run with a leveraged etf or a hard bear turn for an inverse ETF. That being said, it would take stones to hold ZLF hoping to catch that more permanent downturn- and this is just napkin math
What a bad time to buy GLD
That's how much he would lose if the value of GLD fell to zero and he never bought the puts back. He sold 5 contracts so 500 shares x break-even value per share of $442.03 = $221,015.00 Break-even is calculated as put strike minus premium.
When I woke up today I saw -35 dollars and I thought it was spy I was like “the fuck blew up ?” Then noticed I was looking at GLD and was like “oh” almost in relief then thought ”wait what? That’s a big ass drop in gold” lol 🤡
GLD moves primarly on NAV not independent from gold spot price. The whole point of ETFs is that by how they work the arbitration between redemption and creation of shares by market participants, the price and NAV can't move in different ways.
I dont know when you bought - but I know for a fact you were UP crazy yesterday morning when GLD was hovering 500-505 (I was, and I had a 550C 2/13). Should of sold....its over
lol I sold all my GLD at $506. Of course I used it to buy smol caps which… also crashed.
GLD $500 and SLV $100 is a psychological threshold. Just like they wen GLD at $400. People are going to take profits. It should not come as a surprise.
I bought a few shares of GLD to diversify... But plan on holding it for at least 15 years. Retirement account!
Meh. If the next chair keeps rates steady or raises them, Trump will tweet about how stupid he is and start a criminal investigation on him. Gold will rise again because the Fed's independence will be seen as threatened. If he's a yes man and cuts rates like Trump wants, the Fed's independence will also be seen as threatened. Still going to hold on to GLD.
I’ve started transitioning from CSPs to a max loss strategy with ICs and credit spreads over the last week. I transitioned all of my stocks and etfs, except GLD, which I was going to do on Monday. Arggghh, one more day. Have 5 449 csp contracts expiring 3/6/26. Hoping that price will stabilize and I can run out the clock, but would have been much better if I had gone ahead and bit the bullet yesterday. A day late and a (few thousand) dollars short.
I bought GLD and MSFT on Tuesday...fml
We all try to find meaning to explain. Reality is, Silver went parabolic where even regards in this sub started spamming SLV. Tom friggin Lee even came to WSB to discover 2 most popular tickers on Wednesday where GLD and SLV. This was bound to happen. It ain’t Rocket Science.
Commodities love round number triggers. That $5,000 in GLD was the sign. Not only pure profit taking among traders but institutional profit from large hedges. Real people make money protecting from these large deviation moves. Triggers go burrr. Not a pump n dump- proves a market- wouldn’t be surprised if SLV tests $100 again this year- would sell- hard part is timing when you get in and having the stomach to ride it out leg in small and trade long term contracts.
Very lucky but those kinds of buzzer beater wins are what make the game addictive. I’ve been trying to buy way OTM $GLD put leaps all night and haven’t gotten a bite even above asking. I can’t imagine the speculation will last much longer. There’s no reason for silver to be over $100.
GLD is just a physical form of crypto
This is the GLD ticker my friend, not actual gold. It is traded just the same as any other stock.
Up 180% on SLV since April and 47% on GLD same time frame. 🤷♂️
if I were to guess, it was a targeted sell-off coordinated with the news of the new fed pick to spooky the commodities market and defend the dollar against further devaluation also the run was way overextended, I guessed GLD would settle at 430 today (where it would be if it was in a healthy range) and it bounced right off of it so probably a mix of these things, the thesis stays though silver though, that has been a memecoin since $50 and has always been heavily manipulated so I have no idea
Sold all my amzn/GLD/intc calls after open and bought some Feb monthly mstr and qcom calls on the dip and mstr closed +4.6% 💪
Where can I find GLD and SLV on solana?
Wut? GLD is back to where it was sometime last week!
Am I stupid to have bought GLD at $460....
Yep, been scooping a little bit of GLD here and there since november 2024. Even after this current dump and averaging up over the last year each time, i'm still up 50% overall lol
Profits. You buy stocks too get dividends or sell too make money. Silver and Gold were always going to drop imagine thinking Gold was going too keep on rocketing while the long term holders are seeing their money doubling and tripling if they sell. SLV & GLD are pretend anyway, you aren't buying ounces.
It was expected. It took way too long. But it was quick. Hopefully we're done for a bit. GLD and SLV trade flat for a bit like they did in October, then resume their climb.
Wow i sold GLD yesterday. SEC incoming
GLD down 10.27%. IBIT down under 0.71%.
Down bigly on my 3 month out GLD calls. Sometimes you have to admit, you just made a bad trade.
Even tho I lost money today, the crash of GLD and SLV brings me unlimited amount of joy.
So what you’re saying is GLD is on sale? I’m still up like 15% from my last big buy a couple months ago.
Let's look at yesterday's GLD chart, shall we?
If the SLV and GLD bulls made so much money why the ones in here so mad disgruntled lol Someone makes a comment about them, random SLV / GLD bull: "fck you idiot, made $290K this year from trading metals this year, you don't know anything, it will keep rallying"
Someone would have cashed in. Anyone here who bought GLD at 5k or more??
I knew it was the top for GLD and SLV when my shoe shine guy was telling me to buy gold and silver. Full disclosure: I shine my own shoes.
I agree nothing will change with this new chairman. But SLV to GLD ratio has been compressed sharply since 2025 so at some point people decide to take profit, news from China banning SLV trading also fueled the dump.
SLV GLD pumped by news media and on this thread for months. U said one negative thing about that stuff and got auto downvoted by bots 😂😂. Insane stuff
Look, I'm not super intelligent when it comes to investing, and I am pretty sure there are lots of sketchy things happening in the market currently, HOWEVER, GLD jumped over 17% in the last 10 days and then dropped by 12% today. To me, that signals more of a pump and dump than any kind of serious market breakdown, especially knowing who is in charge at the moment
Opened a GLD position in April with a small add in early June-still up 47% after today Opened a small SLV position in October-still up 79% after today Not going to close anytime soon. Both will recover for various reasons, just in an orderly manner. It a small fraction of my net worth and will still act as a hedge.
GLD to $580 in a week is crazier LMAO
lol rugging gold is fucking hilarious. Precious boomer metals acting like a shit coin. Can’t wait to see GLD at 600 by March for another round of rugging
Killed some GLD calls for a flip
You get it. I also just think that the next stage of investors aren’t just going to be 100% equities (mainly tech here) like they were in the past. Post covid and post the 80% increase in fiat, political uncertainty and diabolical share price to earnings for those major companies people are just like “ya know? Maybe a Liquid Metal etf is a great addition to a portfolio when a tech company is at a 5 T $ mkt cap”. Even if you had a small position in GLD,SLV, etc in the last year you are prolly up at least 25-70%??? Why not take some chips off.
Glad I didnt buy into that nagging thought in the back of my head telling me to buy more GLD
GLD and SLV with trillions and trillions of value got dumped like a meme coin. What makes you think your memestock cannot dump 30% in a single say? 🤣🫵
Same, sold GLD and SLV puts just couple of days back after taking 80% loss
You think you scared me off of GLD? https://preview.redd.it/ecnbydjt9kgg1.png?width=512&format=png&auto=webp&s=667b4389a273eeac6b2a65cc4da6fd0b91f725d4
Bought back some of the GLD I sold yesterday at $505 for $447. Was only a small portion of my holdings, but it helped.
Josh Brown said Tom Lee checked WSB and saw GLD and SLV as the top tickers and expected a flush
Still not selling my GLD calls who cares
I genuinely cant believe we lived and traded GLD/SLV through this historic day...wow....market is so unbelievable manipulated and corrupt... just wow today. I made it out alive by luck. To those who didn't, no other choice but to believe God is putting you through challenges to mature you and your soul...without this belief, this would be unbearable. You can survive this bros who got wiped, been there and done it in different ways many times in my life. Things will get better ❤️ don't spiral, rest a lot, breathe
GLD actually stands for gelding, which is what my wife’s boyfriend will be doing to me when she finds out about my calls…
My GLD crown after today https://preview.redd.it/umtffswr4kgg1.jpeg?width=1200&format=pjpg&auto=webp&s=692cc10374cea9a095be4ba6d2bea9b1f76b18b2
there's a non-zero chance warsh nomination will be cancelled over the weekend and GLD will hit 600 next week