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
I think you and I have chatted about GLD before, but thanks for bringing this up, because I've been seeing it on Schwab's ToS for GLD also and thought it was weird. Daily volume of 62M and shares are HTB??
Is GLD a boomer stock or a buy
Absolutely, Mango is GLD's best friend. A little Venezuela saber rattling coming up
You still have a chance to full port GLD calls
Should I take a HELOC on my mortgage and go all in on GLD
That's okay, it was clear from your words that you were using the same strike. Do you know about OptionStrat? It's a great place to see the P/L diagram of your trades and figure out how you win and how you lose. I'm not sure the forum is going to let me post this, but I [modeled your trade](https://optionstrat.com/kB6E1OkctGca) there, see what you think. Like I said in my other reply, I don't trade these things, but: **Can I offer you a similar trade?** **Diagonal Call Spreads** are all I do now, and they've been FANTASTIC. Buy a LEAPS Call that's: \- barely a year out \- at 80-delta or higher \- on an ETF, preferably (If you haven't learned it yet, ETFs are 'better' than stocks in almost every way.) GLD is one of my current favorites. Check out its [3-month chart.](https://imgur.com/a/jzwc8dx) 26% in 3m is nice (100% apy?), but watch this: **Buy the 454DTE Jan '27 360C at 80-delta for 58.45**. Calculate the leverage you get to shares of GLD: Delta x (Spot / Call cost) 0.80 x (389 / 58.45) = 5.3 *You're getting over 5x leverage to GLD.* So how about 135% return in 3 months? Sounds crazy, but it works out like that with long Calls. Now, do you still want to SELL premium? Go ahead! 30 days out 30-delta or less But 30-delta Calls will get run over. So will 25-delta ones. Even 20-delta ones. I'm selling 15-delta against gold and silver, just enough to pay for the theta decay of the long Calls, and often those still get run over. But that's okay, because you're not 'losing' money, don't let people tell you that. You're losing "opportunity cost" in that you could've made more on the long Call if it hadn't been 'covered,' but that's okay, you're still making money. And you didn't know that going in to the trade. The short Calls also provide a buffering effect when the stock goes down, and that's nice. That's the Poor Man's Covered Call: a Monthly Call sold against a LEAPS Call. So it's similar to the Calendar Spread, just different strikes. I love them, and they're all I do now. A Diagonal Call Spread if the long leg isn't a year out, a PMCC if it is, but they're the same thing. Have fun!
Too expensive, just buy NVDA or GLD
Very true, but as long as you buy calls out for like march or further you’re probably pretty safe. I see GLD jumping in Jan when jpow is out
OPEN THE CASINOOOOOO I need to see my GLD calls make or break my port
I bought GLD puts over the weekend cause i hate money We're not the same
TSLA. Been accumulating for 11 years. I'm nervous enough that I'm ready to start unwinding. Immediate thought is NVDA and GLD. Really just need a solid week or two to do nothing but think,
I bought GLD calls so if I lose, America wins. Ultimately a win-win scenario
Shorting RDDT is my third biggest winner of the year after calls on GLD and PLTR. Now that RDDT has a ton of institutional ownership, I'm not as comfortable shorting it. Being long this shithole just feels dirty
Lemme guess: Watch other stocks dropping. See GLD, SLV still pushing ATH week after week, month after month. The very first dip, FOMO everything in!
25% Nvidia 20% Broadcom 11% Siemens 11% Taiwan Semi 6% App 6% ASML 5% NOVA 5% GLD 5% VWAV 5% Soundhound
GLD hit $300 at the end of April / beginning of May lol
Buying GLD at $300 ATh was the top too, and here we are. Got to get in at some time. I used the pull back for entry
With you. GLD $397c, SLV $49c
Angry retards don't own GLD. That's why they big mad.
delete Reddit and buy SPY or GLD
GLD pump or dump this weekend and Monday open?
All good baby, just a lil pullback and then we’re back in business, sold my GLD call (singular like a dumb fuck) for 2000% profit and got right back in
Downvoting because yall thought I was being fraudulent😔 (peep the GLD sell towards the end)
Options on GLD can be a smart move, but make sure you understand the risks. Volatility can hit hard, especially with the way gold's been swinging lately. Just keep an eye on those expiration dates!
How many of you bought GLD at the top be honest
Could it be possible to see GLD go back up to $400? How much $/volume would that realistically take?
GLD and SLV puts. SLV finally reached the high it set at the peak of the 2011 metals bubble. It took it 14 years to get this high again.
10k in GLD calls expiring 01/26 and 12/25
GLD & SPY gonna moon u heard it here first
🌽 climbing back up. What does that mean for GLD & SPY?
Regards really trying to justify fucking GLD at $400, that shit never moves and was never supposed to. It’s literally the ‘what stupid thing is 🥭 gonna do or say today?’ index.. Once we get an actual adult in office or someone finally shuts this clown up, that shit’s going right back to the shadow realm where it belongs
GLD is still effectively up 3.3% this week, so this feels more like profit-taking rather than a full reversal. Though if it drops more, I'll aim to sell and lock profits in. I sold my SLV calls on Friday on the other hand, for about 20-30% realized profits on each (bid ask differentials are their own brand of fun). I have two OTM csps for Monday, but if slv drills, then I also have three leap puts for protection.
Sold tankers, bought GLD calls on the dip. Looked for some strenth. Bought for ex iren, cipher
…so, who’s gonna short GLD???
I'm loaning mi GLD shares. Improving market efficiency through better price discovery.😎
Stressing my GLD and SLV calls expiring Monday
So when do we get to vote on the pay package for the CEO of GLD? Id say he's earned it with all the value he's been returning to investors lately.
Anybody think GLD is getting dumped monday? If it does im fucked
You’ve actually saved GLD he thought you’d bought
lmao, here i am with the actual GLD etf up fairly well still over just the last few days, wondering what the heck kind of option is this which gives you such massive fluctuations and thinking thank goodness i never do something that wild.
i’m just thankful i sold my GLD yesterday and rebought for expiring next week. at least i’m in the game longer instead of getting demolished today.
first check your wallet for missing $200 dollar bills. then I guess you could buy OTM puts on GLD or SGOL or some other gold ETF.
No- you need to get some diamond hands with GLD 💎🙌🥇
Oh mystic market man, are my GLD 405 10/24 Calls @ $2.80 cooked or curry?
Cause people are sheep’s and fkn stupid. A bunch of market analysts and traders are saying retail is chasing gold like it’s a meme stock. Check the options flow for GLD, leaning bearish both OI and volume, GLD about to get dumped on retail while equities rip back up.
Fuck 1, Marry 1, Kll 1 (NKLR, GLD, NU)
86k into GLD 400c 12/31 watch if I don’t
No, that isn't the different. GLD is a futures fund. GLDM is a gold miners fund. I'm all about GLDM, personally.
I’m having a beer right now because it’s Friday and I need to dull the pain from this week. I’m just preparing for the fact that I might watch my leaps slowly bleed out for the next six months again. I just got out of this five year journey w/BB and now here I am again. Made hella money on GME (about 70k is hella money for me), lost it all eventually because I didn’t know what I was fucking doing. So yeah, I held fucking BB for five years and it traded sideways the whole fucking time. Sure it had its ups and downs but my cost basis was 4.50 and that’s about where it averaged. Guess where it’s at right now by the way? So, I sell BB like a month ago, say fuck it, time to grow up. In the meantime I’m buying leaps (because that’s my new strategy) on shit. I’m winning. Shit was good. My port went up about thirty percent over the last 45 days. Then comes this Wednesday, I’m like. Yeah. I know what I’m doing now. I’ll buy some leaps and keep 30 percent cash as a back up. So what leaps do I buy? EU, DNN, QS, and yeah… fucking BB. I can’t let her go, she looks like she’s about to break out finally. Guess what gets hit hard on Thursday and Friday? EU, QS, DNN but…. Not BB??? Ok. 👍 Well. Those EU, QS, and DNN leaps were bought at the worst fucking time. All in all they bring my port down like 15 percent. All of my gains from the last 45 days had been cut in half. I’m still up 4k, but I just fucking know it’s coming again. I can feel it. So last night I’m laying awake, thinking about what I should do. Buy gold! Everyone is saying. I just knew it would drop if I bought it so I stayed out today. I didn’t do shit. I put a buy order in to double down on EU and just left it. It didn’t hit because it stayed above my bid all day. I’m telling myself that was a good move. I’m only doubling down if my current leaps drop 50 percent. Otherwise I’m holding my cash incase this continues to go south. So I’m drinking beer, did I say that? Anyways. What was my plan that I came up with at 2am last night? Calls on gold. Puts on Spy. It made sense… u til I saw how much 6 month puts on spy are right now. Then I saw GLD take its poop. So. Glad I didn’t buy those calls. I’m realizing I’m in a sector were people are rotating out of because they are scared of market volatility and they are trimming their riskier bets. That means people are rotating out of uranium and QS is still pre-rev so that’s a no-no. People are fleeing to safety. My leaps depended on people continuing to be greedy but that bus reached its last stop I think. So what do I fucking do now. I had leaps. They don’t expire until January 2027. My QS leaps are good until 2028. BB is fucking saving me now. Extending its hand like, hey buddy, it’s gonna be okay… So. Yep. I’m 30 percent cash. The only thing I have decided to do right now is sit and wait. I’m not fucking selling my leaps. If I sit here and watch them bleed for six months so be it. I’m fucking tired boss. I hate this fucking rat race and I hate that I’m going to have to work my life away. My accounts aren’t big enough to call it quits. I’ll still be working either way. … I could keep rambling but I’ll leave it at that. Hopefully it was a good read for some folks. Beer number 3, here I come.
No. Your short option delta will change as time passes and price of the underlying moves, and as the IV of your short options changes. Your long/positive GLD delta remains constant. Google delta neutral strategies. This is the strategy options market makers use.
Appreciate that you are still answering! I am still learning the jargon. \>Risk is the shares can be called away before January leaving you only with a put This yes, having shares called away for GLD could happen why? it has no dividend. TQQQ theoretically could happen because dividend, in that case, I will earn the remaining time premium on the assigned call. I guess if my shares r called away, I will close my put, since i no longer need protection. I can see how leaving my PUT open me the stock going up, iv dampening or other such thing. Is that what you meant by this below sentence? "Being short synthetic is still less risk than leaving it open since it's synthetically closed." I don't get this
I am almost full port GLD calls for march ‘26
the pullback from GLD was obvious, glad i sold all my calls yesterday!
GLD is going to gap down Monday I hope you bought puts. Or inversely bought calls on tech
Bought puts on GLD today. We gap down Monday. This is financial advice
GLD is safe, options is gambling.
nope. u just said it is not done and is risky without actually saying why it is risky. FWIW, I know TQQQ isn't supposed to be held overnight. I bought it at the beginning of the of bull run to basically see how it would work out. I also know that the value goes down because of the daily volatility and if QQQ goes down 30%, this can go down 90%. The question is will my collar protect it? If not, why not? I had GLD as a hedge against inflation, I did not expect it to shoot up this way at all. I would like to collar it at this level while i figure out some other things. I am aware that the premium can be a credit or debit depending on what the strikes are. that is a rounding error considering that I am long 100 GLD.
Dollar is down 10% YTD. GLD is up 60% YTD. My $0.02 is that GLD can not sustain this rally until January. Either everything will tank (bear thesis) or smart money will rotate back into quality equities (my thesis). I am long QQQ, long tech, short GLD, and short meme stocks.
Lost 15% of my portfolio and was feeling down. Then I zoomed out and saw in still up 20% this month. It's going to be alright GLD
GLD down $7.46 today. Literally dropped the day after he bought it.
Inflation not going away, future bailouts gov will print trillions, GLD is still safe. Unless of course US gov balance the budget, pay down debt, and the world wants to hold US dollars again, then gold would hurt
Bitcoin and Shitcoin peddlers are the most insufferable, the most cringe and the most annoying creatures on God's green earth. One time of of them told me, "World hunger? Bitcoin fixes this!?" as he gave me the most psychotic, yet starry eyed look. It was creepy. Anyways, GLD $500 is not a meme.
Im holding both SPY calls and GLD calls over the weekend. What could go wrong?
Which one of you was responsible for the 0DTE volume on GLD today?
It was a very bloody day for gold-tracking ETFs (GLD and NUGT), but I still managed to gamble and bought the dip on GLD calls. Let's see what the result will be by Nov. 21.
I was looking at the r price per oz of gold rather than GLD.
Made a quick $17 on a GLD call today. But also lost $1k on IONQ so I have that going for me.
The 🤡 doesn't concern himself with the price of GLD or 🌽
GLD dipped so the big boys could buy in before the real run
Better buy that GLD dip while you still cannnnnnnn
I offered an nyc masseuse my calls on GLD for HE. Dumb chick she refused
GLD futures mooning.. open $400 on Monday 😂
What is $GLD going to do on market open Monday? I’m already down bad this week. Mf my life.
Indeed, I cooked on GLD calls I just wish I full tp’ed yesterday instead of partial😭
I'm fully ported into January calls: QQQ 600 c. TSM 300 c. GLD 385 c. Trying to be only moderately stupid. What do you think, reasonable or should I bail before I'm cooked?
I’m not super knowledgeable here - but what do you mean the pullback erased a week’s gains in a morning? Last week GLD was at $368 and now it’s at $389
What do y’all think GLD will do on open Monday? Already lost on options this week. When my dumb greedy ass coulda took 1k both times. Instead I lose $1,054.50.
I pulled up a 10 year chart of GLD. Yeah. It's rock solid.
we're you seriously in short dated calls on GLD💀
Bitcoin is retesting the 50 DMA…it holds 102K then rips to the moon by EOY. In every strong crypto run Bitcoin will always hold the 50 DMA and we haven’t got alt season yet. This is everyone’s opportunity to buy GLD at 305 again in a sense before the big breakout.
You were right. I YOLOed into GLD and took 50% loss