Reddit Posts
Lost 268k in 0DTE options - I will never be able to recover from this financially
Lost almost all my savings buying gold calls, all I got left are calls GLD calls expiring in March
Wanting to buy LEAPS calls, but the stock market doesn't look good
The coming Hiroshima/Nagasaki-scale AI event will be a massive global financial hack.
Gold dumps 3% wrecked by Fed. Time for GLD calls?
UPDATE #8 (Starting back again.): I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
I Trade for a Living - Why I’m Buying Dips After the Forced Buying is Over and More DD on Gold and Liquidity
Why hasn't gold gone parabolic?
Which physically backed gold fund would you choose: BAR, PHYS, IAU, or GLD?
Trying to generate alpha using Nasdaq retail activity data
Warsh's first FOMC is tomorrow and I have no clue what to do with my port
I have lost every position I've taken since june started.
Bogle vs. Buffet vs. Dalio - Long-Term Investment Strategies Backtested over the last 20 Years
Bogle vs. Buffet vs. Dalio - Long-Term Investment Strategies Backtested over the last 20 Years
What if the 2008 collapse, SVB, and GLD's April drop all had the same structural signal weeks before price moved?
THE BIGGEST BILLIONAIRE HAS SPOKEN OF A RECESSION , WHERE DO YOU THINK THE RECESSION CRACK WILL HAPPEN
My portfolio evolved from bear to bull
My portfolio evolved from bear to bull
The only lesson I’ve learnt during last 1.5 years is to stay invested
My portfolio evolved from bear to bull
Gold ETFs good buy right now after the pullback or should I be divesting some?
GLD down 1.2 percent and USO up 4 percent on the same Monday. The gold oil divergence is telling you something.
$170k gain porn from my AI datacenter bull DD 2 months ago
How to safely use buying power for vertical spread on GLD .
This market has me bullish for 11 minutes at a time and somehow that’s enough to ruin my whole day
DD: Gold is the new BTC — The "Safe Haven" Narrative Is Dead
GLD options taught me something painful about "obvious" trades and implied volatility
Any specific ratio to set up recurring investment for Roth IRA long term?
We backtested 80+ tactical allocation strategies over 30 years, here's what actually holds up
Iran pause sparked a rally, but options flow is saying it’s mostly a hedge unwind
$USO $BNO YOLO. Rolled strikes another week. Oil $150+ in April.
Begginer here first buy: should i buy UCTIS ETFs or US? Eu based
Why aren't gold and silver going up more as money comes out of the market and crypto?
The Payrolls Bomb, the Oil Shock, and the Wall Street Shouting Match That Followed
What are your stock picks for Monday (regarding Iran vs USA)?
Sec. of State Marco Rubio heading to Israel March 2-3 to talk Iran, Lebanon, Gaza peace plan – State Dept just announced.
US orders non-essential embassy staff to leave Israel ASAP as Iran war risks spike.
Option Selling Strategy Idea on Large Portfolio of ETFs
GLD Is Coiling — Next Move Could Be Violent
GLD Is Coiling — Next Move Could Be Violent
GLD Is Coiling — Next Move Could Be Violent
Metal stocks, most will chase. $AUST $SLV $GLD
Moved HYSA funds to brokerage for investment towards a down payment, medium term length at about 7 years.
GLD leap options, high OI, low volume, wide spread.
Sold puts on GLD after the 12% crash. Here's how I used Monte Carlo to find my strikes.
Reddit Ticker Mentions FEB.02.2026 - $SLV, $MSFT, $SNDK, $SPY, $PLTR, $NVDA, $SOBR, $HOOD, $GLD, $DKI
Reddit Ticker Mentions FEB.02.2026 - $SLV, $MSFT, $SNDK, $SPY, $PLTR, $NVDA, $SOBR, $HOOD, $GLD, $DKI
GLD Reversal this week, may be.
$4.02 Trillion Wiped from Gold and Silver Market Caps Today
Mentions
**BanBet Created** ▼ | **Record:** 0W - 6L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **GLD** | $371.81 (below) | $379.40 | -2.0% | Mon, Oct 26, 4:29 PM ET |
You know as someone who trades GLD a lot, it tends to bore people out of position just before it moons.. i would just stay in, and the sudden moon usually comes overnight..
GLD really didn’t do shit and now that I sell for -90% I bet it rips
Is GLD gonna pump anytime soon or what this shit sucked dick all day and I didn’t even get a nut off
GLD is looking very tempting at this price
GLD will not move until oil is solved. Dollar is too strong.
remember the hype for GLD in here? I remember
Can GLD finally go up it’s been sitting at the same price all fuckin day
lol $SLV and $GLD are getting cooked
If GLD could participate in this pump that’d be great
Could have bought anything else and made money today but no I’m stuck in trash GLD
GLD is so boring to trade wtf is this chop and burning me on options
GLD is so ass it only moves pre market or overnight
PSA: Starting today you can trade options on SPY, QQQ, IWM, GLD and a few others before the market opens. You can now trade them starting at 7:30 am EST, if your broker has the ability.
The S&P is no longer diversity, at least until the AI bubble bursts. Now it is dominated by AI and AI-adjacent. I hold VOO but also add XLP, XLV, XME, XLE, GLD, and a few others to reduce concentration risk. Bonds have historically been good, other than post 2020, so we'll see if now is the new normal or if they will revert to their prior role.
Well boys, this is it. At an all time low. Got liquidated by the drop on Friday playing 0DTE. I should have learned my lesson with the 106k and 95k drawdowns earlier in the year, recovered both and finally got to breakeven, when I realized it’s October and I’m 14 points behind SPY, levered up to the tits with calls and went all in on Meta. The funny thing is by the time the dust settled and I gained consciousness after market close, Realized in the last 1 hour I had panic sold everything, all my Stocks, GLD, TLT, BTC, then threw whatever is left 100% in TQQQ. You do not understand how funny this shit is to read, I’m fucking hollering 😂 In all seriousness though, quit while you’re here. Some lessons are expensive. Which makes it even more important to learn from them. If you continue on down this path, there’s an overwhelming chance of you losing everything, at which point you’ll off yourself and leave your wife and kid without a partner/father. So, keep that in mind before any trades
Spot on. Even Gold ($GLD) is down YTD which is wild. I know it had a decent bull run last year but with inflation so high it really made me lose out on so many gains. I'm barely up 5% since I was a little to heavy on Gold ETF and miners.
I bought GLD Jan 385c's, I figure if it bottoms it'll do it around here. No guarantees it does. Look at the \~1yr chart
The bears that survived are now holders of GLD, SGOV, and TLT. Buying puts lost me a lot of money and hoping the world burns is unpatriotic
Biggest loss and gain both last year. I bought two 3-month call option contracts for LLY when it dumped to like $650 last July and made $100k in 3 months. Made a shitload on GLD and SLV, then did some dumb shit near the top and gave it all back. The giving it back part was prob my biggest single loss.
Options trading. I’ve round tripped from single digit thousands to several hundred thousand and back to almost nothing again. If you just constantly trade options for years it really isn’t that difficult. Like one of them I started with $2k, bought GLD 1DTE turned that to $17k, then bought another GLD 1DTE to $50k, then finally 1 more to $125k. Boom only 3 trades in a week when gold was on a heater. Then once you have that you can make more, and I did before my luck ran out on that run. I keep trying for the run of a lifetime where I can finally stop (yeah right) That’s the life of a gambling addict though. As Townes Van Zandt sang, “It’s easier than waiting around to die.”
How are you going to hedge inflation? GLD/commodities? Managed futures? Or just bite the bullet?
I bought ATM GLD calls for jan
It's got really low IV which I like. You just buying GLD or calls?
people always say that gold owners sell their gold to buy interest earning bonds at times like this. also, certain countries in the war zones may be dumping gold to bring in cash to pay bills. IDK if that's really true now. maybe it's like oil prices: manipulated and highly unpredictable. but KGLD seems so interesting because it attempts to track the price of GLD but also pay a dividend. I don't know how long they can make that work tho. that fund's only about a year old.
OMG I keep getting spam calls about investing in gold. Puts on GLD I guess 😒
I went in deep in GLD
**BanBet Lost** — /u/NotPapaElon (0W - 6L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **GLD** ▼ | $376.09 → $364.81 | -3.0% | 1w | Lost |
Bad YEAR to be holding GLD, honestly.
I agree with you, idk about perma bear status though cause it depends what your positions are; TLT and GLD are bearish positions and they gain value over time. But buying puts or shorting companies? That should be illegal lol
Was up 15% on GLD. Now I'm in the red. Holding isn't always easy. Well, in this case, it was because I forgot I even bought it.
Was up 15% on GLD. Now I'm in the red. Holding isn't always easy. Well, in this case, it was because I forgot I even bought it.
GLD is a very attractive price
GLD is the least of their worries when you dont have an economy anymore
Some people having been buying GLD instead of IBIT LOL
Again today my GLD call went from .01-.41 and still couldn’t sell… the fuck is this rigged shit
Come on GLD touch 390 today and I quit options till tomorrow
Come on GLD don’t die on me get back up there big today
GLD so fuckin boring do something big already
Moving my GLD allocation to MSTR
Alright GLD either rip or dip this price action is boring as fuck
Need GLD to drop like the rock it is
I feel like bonds dumping this hard should have a bigger knock down affect on DXY, with GLD/SLV waking up too. Whoever decided to make SOXX options so expensive also your moms a hoe
glc’s wheel feels a bit like riding a slow car that can suddenly sprint. its iv is low so you get thin premiums, and if gold spikes you get capped on the upside or stuck with shares. for a simple exposure just buy and hold, maybe add a few okt‑otm covered calls to sniff a bit of income without locking in too much. if you really want the wheel vibe, consider slv or gdx instead—they’ve got higher iv and still give you that gold feel. also check the expense ratio; glc eats a bit of that income. so yeah, wheel GLD isn’t great right now, but it isn’t dead either if you structure it carefully.
Someone's GLD shorts got destroyed
Do GLD calls count as puts?
Fullported SNAP and GLD this morning.
Didn't know holding GLD calls over the weekend would make my account this red lmao
i don't wheel GLD much anymore because the premium is so thin compared to the time you tie up money. instead i buy a core position of GLD and then sell OTM covered calls on, say, the lower 15‑20% to get the 1‑2% bleed and keep upside. if you really want wheelish cash‑secured puts, switch to SLV or a miner ETF like GDX where the IV and idle time are higher. just be aware that with SLV the same sharp pulls can wipe you out if you get assigned. otherwise just hold GLD and use a passive dividend‑style approach with the expense ratio in mind.
I've been selling ATM covered calls on GLD for several months now and it's ok. I wish the IV was higher. I also run ATM covered calls on SLV, much better premium. If I had to do it all over again, I would just wheel SLV. That being said, next time GLD rallies to 445, I plan to sell the shares, roll the covered calls out, turn them into credit verticals and then allocate more to SLV.
GLD can work for the Wheel since it's liquid and has decent premium, but the IV is lower than most single-name names, so your CSP income per dollar of collateral is thinner. You could get assigned during a correction and end up holding shares, which isn't the worst outcome on a long-term bullish thesis. Just size the CSPs so assignment doesn't over-concentrate you in one asset. Here's a screenshot of a trade idea for a CSP on GLD (pricing is at the close Friday so it will likely be different once you check your broker). [https://cleanshot.com/share/N6RY9Q8g](https://cleanshot.com/share/N6RY9Q8g)
Imo GLD is too finicky to wheel. Prices react to too many exogenous factors like interest rates and equity earnings. It doesn't have its own story. It is a perpetual reaction to other stories so understanding or predicting it's moves is nearly impossible. Right now rising interest rates would seem like a serious headwind for GLD
Before deciding, I'd write down what happens in the two bad cases, not just the income case. If GLD rips 8% in two weeks, are you fine being called away and rebuying higher? If it drops 10%, are you fine holding shares and selling calls at or above basis for thin premium? If either answer is no, the wheel probably isn't the right wrapper. A middle ground some people use: hold the core position outright and only sell calls on part of it, well out of the money, so a breakout doesn't cap the whole thing. Also check the yield after accounting for GLD's expense ratio and how often you'd realistically be assigned.
Low IV is the whole problem. You collect scraps and still take the gap risk. The wheel works when the premium pays you for waiting. GLD does not pay. When a short put gets tested, roll it out and down. Taking assignment then writing calls below cost is the part of the wheel that loses money. Rolled two IREN Oct 9 $38.50 CSPs to Oct 23 $37.50 last week instead of taking the shares. Still collecting. Wheel the stuff that pays. Skip GLD.
GLD is a tricky underlying for the wheel. Gold tends to spend years going sideways or correcting, then makes most of its gains in short, strong bursts. The wheel earns income in the sideways phases, but it caps you in exactly those bursts, which is where the long-term return comes from. And if you get assigned in a correction, you’re stuck selling calls below your cost basis or for relatively little premium. GLD’s IV is usually too low to compensate for that trade-off (despite the recent spike). But that's just my take...
you're not going to tame drawdowns with all-equity. you need low or negative correlations, and we don't see this between any funds you mention. the answer is seen in funds like GLD, DBMF and low-duration bonds.
Bought GLD long dated calls so I can get drunk without stressing over the weekend lmao
GLD and USAR ruined the week, at least I found some weed in my car my dealer must have accidently dropped to the floor
With $4.7 million invested in your early 40s, you've made it, congratulations! That's real wealth and you should be talking to your accountant and maybe even a fee based advisor, not broke college kids on Reddit lol. In that situation, if it were me, I'd just put 25% in a mix of treasuries, 5% in GLD for inflation/currency debasement, 20% in VXUS and the rest in VTI. The reason for the 25% treasuries is because you mention you may want to retire in 10 years, otherwise if you liked your job and wanted to keep working, you could have even less treasuries. I probably wouldn't even be contributing anymore if I already had $4.7 million- assuming a 7% return, you'll have 9 million in your early 50s. If I liked the house i was in, i'd split extra money between bucket list things like vacations and dream cars and paying off the house. I assume you have a high cost of living, but with a paid off house and $9 million in retirement, you should be able to live nicely in any city. It's a cliche, but health isn't guaranteed, people die in their 50s, you've saved a lot, have some fun now. Congratulations!
If only I didn’t jump on the BTC and GLD bandwagon in December 2025.
wdym, GLD ETF is 24 hr
Where that guy that was freaking out cuz he got bull trapped into GLD today? He must be fucking pissed rn if he was playing 0dte’s I’m thinking of you rn you poor dumb bastard 😂
I will now be exclusively trading GLD just feels right idk
Made 50% on GLD puts and lost it all chasing the SPY dip
I need a 20% move by GLD in the next 7 days. LOL.
i bought some GLD in boomer account today
Think we're done with the manic Tech Only Final Destination. Defensives and bonds getting a huge bid and GLD holding. Maybe market can heal and be normal again
Whatever that spoke on GLD was now thank you I was able to get out and make 100%
Oil starting to come down but it’s taking GLD with it I though they had opposite correlation
Can GLD just stop being sold off what the fuck I knew to grab those puts there almost 30x now
Common LULU NKE GLD
lmao chart of GLD and SLV... remember not even a year ago wen the bubble was just starting to inflate
I knew to buy puts instead on GLD wtf they were only .04 and have 10x in the last 10 minutes but it’s gay to do that
If GLD can’t go over 380 I’m about to lose all my gains today 🤡
What does this mean for GLD my guy?
Got cucked off GLD fuckin trash
What was that big bump on GLD only to get shut down the fuck
GLD big day if correlations continue to break.
**BanBet Created** ▼ | **Record:** 0W - 5L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **GLD** | $364.81 (below) | $376.09 | -3.0% | Wed, Oct 14, 4:03 PM ET |
GLD loves to randomly drop 1.5% but only goes .2% at a time on the way up :/
Delist $GLD.. no one needs that yellow shit.. :kek:
GLD very close 1Y lows; Calls it is!
GLD back to 300 and I full port and then take out a HELOC and full port with that too
Oof, GLD shaving off 2.50 in less than 5 minutes
Imagine still buying GLD calls
Buy a shit ton of GLD Shorts
I gave GLD Shorts at the start of Asian session. Those who saw questioned. Those who see it now, of course
GLD still dropping. Gave yall that free play 2 hours ago
I sold my GLD shorts too early in the Asian session damnit, only made 1k bucks