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
Gold, like they’re doing literally right now There’s a reason GLD has risen 26% higher than SPY YTD
GLD gonna absolutely skyrocket wednesday when rates are cut. inflation to an ATH
*Dang* it, I specifically meant to look at LEAPS Call B/A spreads today when the market was open, because that was your real intent, but I got wrapped up in just the new CCs I was selling. Sorry, I'll get back to you tomorrow when the market is open. The **GLD** spread you cite is indeed quite wide, and I'm guessing you were looking before the market closed, because the spread is even wider now. One thing I'll offer though is that spreads on really deep ITM Calls are generally wider than closer-to-the-money Calls. For instance, the 18Jun26 274C is showing 71.15/74.95 now AH, at 1.00 delta on ToS, and it's the 12th one at 1.00, so it's really deep ITM. And those are typically thinly-traded. That spread is **3.80** wide. But slide down to the 310C at 86-delta, and even her AH the spread is only 41.85/42.80, which is **0.95**\-wide. And in any event, I always get fills at Schwab at Midpoint, and sometimes a little better. Oh, and I picked that 85-delta strike to compare to your strike at 99 or 100 delta to say something else: If I'm taking profit out of a trade, *I'm doing it when Delta gets to 82 or 83*, not waiting till it gets to 100. OP had some that were there, but that's not how I operate. If I don't need to move OUT in time to keep them >1y, then I'm rolling UP just as soon as there's a strike above at 80-delta. Does that make sense? Here's one of those UP rolls I made today in GLD: [GLD LEAPS roll UP](https://imgur.com/a/22Aab3R) The old position was long the 316C. When I looked this afternoon it was at 83-delta and there were 3 strikes below it that were at or above 80-delta. So I chose the highest one, the 319C, and rolled UP to that. Taking profit out of the trade. I haven't looked at that piece yet, but while I'm here, let me calculate Midpoints and what I *should* have gotten from the roll. This is AH, but the 316C's Midpoint is 41.25. The 319C's is 39.225. Subtract to get 2.025 Now let me just go check and.......I got 1.90 for it. Pretty darn close. And that was at 13:41 today, so you'd expect prices to move around a bit. Anyway, I just did that for my own enjoyment. Tomorrow I'll check when the market is open, and maybe even have a trade or three like that I can do for you. Cheers!
Locked in all GLD calls and /GC longs. Holding AMZN and META put credit spread milkers
I also tend to think of broker's trading fees as negligible. By slippage I refer to the bid/ask spread. Particularly the b/a on LEAPS which tend to be substantial. For example I look at 18 jun 2026 GLD 274 Call where b/a is 72.05 / 74.80. That spread is $2.75, which implies a cost of $275 per round trip per contract. Getting a fill at mark of course seems right and proper, but the fact remains the market maker is pocketing $275 for a round trip. It's an invisible fee. That may be fair, but I raised the question with regard to doing a "delta adjustment" on a LEAP. For example, if I take some profit by rolling up a 18 jun 2026 GLD Call from delta .99 to 0.85 I am taking about $2250 of profit off the table. That $275 fee might be a disturbing percentage (12%) of the profit I am taking off the table.
Retail involvement is irrelevant in this. GLD is a trust which owns massive amounts of gold bars, it is the same as owning gold for financial purposes. The value of the stock is dependent on the price of gold which should increase after a rate cut.
GDX is a lot cheaper than GLD, 70 vs. 338, so that's probably why I added GDX, because I didn't have enough cash to buy a GLD Call. But wow, [GDX is having a better run than GLD](https://imgur.com/a/Pv3fPEv). GDX is the top curve. So I may have to add on some more GDX. Regarding margin and buying, I think you're saying to buy *shares?* I think you'll find that the leverage of long Calls beats the savings in BPE, even if that's 5x, which I see on some tickers in my cash account. Hmm, not on GDX or GLD though. I say that because here's the calculation of the **leverage of a GLD LEAPS Call at 80-delta**: That would be the Sep2026 319C selling for **39.52** right now. Divide that into spot of **338.51** to get 8.56. Multiply that by Delta of 0.80 to get 6.8. *You're getting* ***6.8x leverage*** *with the LEAPS Call* against shares. I don't think anyone's margin buying power reduction beats that. Thanks for the question!
Playing GLD with such short dated options is crazy. Retail participation in gold is still very low and the dominant gold players/movers may not be particularly motivated by rate cuts, either.
No, I don't track slippage. By which I think you mean trading costs, and also getting fills on the bad side of B/A spreads. Trading costs these days are so low as to almost be negligible. At least, I ignore them in my everyday thinking. But here's a check-up on that assumption, as I'm going through my positions today selling some new CCs, rolling some CCs up and out, and rolling some long Calls just up (mainly) to take some profit out of them: I sold a few shares of something I foolishly had, and those are absolutely **free at Schwab.** Selling new CCs, I noted that I'm paying **0.40 +0.01 per contract, so 0.41.** Forty is low because I do enough volume with Schwab that I asked them to lower from the initial 0.65 and they did. And note that those aren't "option dollars," that's **literally 41 cents.** In one fill today I received just 0.33, $33 real dollars, and 40 cents is 1.2%. That *is* a bit high, but it's due to the low premium collected (that was IGV, just 2 weeks out). In a GLD fill, 14DTE, I received 1.03 / $103. Divide 0.40 by that to get just 0.4%. That's **fees**; then there's the question about **fills**. I found these situations today in real trades: **GLD**: With B/A at 1.00/1.04, I put in an order to SELL at **1.03** and it filled. That was on the 'good' side for me of the implied Midpoint of 1.02. **IGV**: 0.25 / 0.35 implies a Mid of 0.30, but I was filled when I offered a CC for sale at **0.33**. **EXC**: 0.35 / 0.50 implies Mid of 0.42 if you're selling. This one was fun because normally I would've put in an order at 0.45 and been happy if it filled there (because that was the next 5c step down from 0.50). But I put in my order at **0.48** and it took it! In all those cases, those were my initial offers; I didn't have to waste any time walking them down, because they filled right away. I was a bit surprised. But if I'm able to be in the market real-time, I ALWAYS offer to buy or sell at a price that's better for me than Midpoint. If I'm loading up trades overnight or the weekend, then I off Midpoint, or sometimes a little 'worse' if I really want the trade to fill. So no, I don't think there's much 'slippage'. If I've misunderstood what you meant, please advise. Cheers!
I'm too lazy to get into gold market fundamentals, so I bought 10 GLD shares and called it a day
GLD you naughty little tease. Erased the losses from all my other positions in a single day
Ha, yeah. GLD has been one of my best performers.
Sorry GLD folks I just bought a call.
i had GLD calls last week and got theta fucked. I'm glad it's working out for you. when did you buy these so that they are at +70% ?
You wouldn't expected GLD + TSLA to be a very balanced portfolio
GLD up over 10% in one month……nothing to see here and no need to be concerned. Thank you for your attention to this matter.
I guess this is what happens when you propose going from 4 ERs per year to 2 ERs per year. Regardless, I'm up 100% today on my GLD calls, so I'm happy it is going to keep going up through the downturn after the meeting.
I've been telling you people that gold and silver was the move for months. MONTHS. I told you to buy into CDE at $5.80. You didn't listen. 99% of you are down on your portfolios, or barely beating the market at best. You still won't listen when I tell you that gold and silver are just beginning to break out. SIL, NEM, CDE, GLD, etc. Stop being a retard.
According to Morningstar, GLD w/ dividends since 2004 returns 643.40% while SPY with dividends returns 721.80%.
GLD being bought up in rotation right now
Interesting. I asked ChatGPT and it said it is because things like GLD and SLV are "collectibles" (not that they are commodities). I know investments like ETH + BTC (both commodities) can be taxed long-term if held over a year.
Basically you are correct, although I'm fuzzy on the exact details. Because GLD holds a **commodity** it has different tax treatment. However, e.g. GDX holds **securities** and is treated long term / short term like most ETFs.
Anyone know why GLD calls are dick cheap?
Buy GLD calls for a couple weeks out?
I am doing IBIT to SPY and GLD ratio
Been doing a little bit $SPY to $GLD ratio on my own with pencil/paper to base everything on. Glad someone else shares the thought. I wonder why mainstream finance news outlets don't educate people on this idea more.
Holy GLD shred dildo bad dragon 3000
GLD please go back up
Why GDX over GLD out of curiosity? Also for some of these if your margin rate is low enough I’d consider buying with it
No, your math seems right. But it's a complicated thing because you'd have to figure out how much more profit you could make by pulling the profit out early and buying new/additional Calls. Are you selling Calls against your long Calls? If so, then that's another new revenue stream. You're right, 35% down to 15% is a big difference. Looked at simplistically, it's a 20% difference. The question I think then becomes: could you use the profit you'd pull out to make 20% over a year? I think you could, but again, it's a hard thing to figure out. Even with some real numbers, like what Calls you currently hold. But just to ballpark it: From my original reply, you'd pull out **34.47** in profit. You'd use that toward a LEAPS Call at 80-delta that costs **41.10**. So we could say you bought a fractional part of that Call: 34.47 / 41.120 = 83% The profit you took out, and got taxed on at 35%, buys 83% of another LEAPS Call. The tax on 34.47 is **12.03**. (I'm keeping everything in "option dollars" to simplify comparisons.) How much will that new Call appreciate in a year? Hard to tell, but GLD is up $96 over the past year. Simplistically, the Call will appreciate 80% as much, **$76**. (It would go up more as its Delta went up, but that's a bare minimum.) So finally: is $76 more than the tax of $12? It is, and by a LOT, so maybe the play that makes more money is to forget about LTCGs and play LEAPS Calls by keeping them near 80-delta, using the profits pulled out to buy more LEAPS Calls. I'm not a financial advisor, just an engineer, but all the math I just did makes sense to me. What do you think?
GLD has been above 325 for 12 days, did AI write your post for you?
They’ll cut. Market has priced it in. But price will move based on their signaling of whether or not the additional cuts will happen in October and December. They’ve pivoted to targeting the employment side of the mandate. Upshot: we’re all fucked. Cereal still costs $8/box and we’re gonna lose our jarbs, too. GLD
I'm with you, and loved your "tax tail wagging the investment dog" analogy. I literally don't think about the taxes, just maximizing return; I think it wins out in the end. u/No-Rutabaga-9568, your Calls have all done great (I'm in the same four you mentioned), but **your profits are locked up in them.** If you took the profits out, you could be buying more LEAPS Calls and making more money. What's a GLD Call you have right now? Is it 369DTE, 289DTE, closer? Say you're in June '26 "at 100 delta," which might be the 274C, the first one I see that's 1.00 delta and not 0.99. It's worth **69.92**. You could reset it to 80-delta in that same expiration by selling it and buying the 315C at 80-delta for **35.55**. You'd pocket 69.92 - 35.55 = **34.37**. Add just 6.73 to that and you could buy the 369DTE 80-delta 313C for **41.10**. Then you'd have TWO Calls making money for you. The first one, being at 1.00-delta, was making $1 for every $1 the stock moved. Great. What's the ROI? 1 / 69.92 = 1.4% The new one, being at 0.80-delta is only making money at 80 cents to the dollar. *But the capital invested is much lower.* Let's see what the ROI is: $0.80 / 34.37 = 2.3% So in general it's best to keep your deltas down near 80, because the leverage is so much better. Mine, as soon as there's an 80-delta strike above them, I roll UP and take out some profit. If they're starting to go <1y, then I roll OUT to keep them LEAPS. And by doing that, I'm never going to hold one long enough to enjoy the LTCG benefit. But I think it works out better because you get to put profits to work in new LEAPS Calls, and not leave them trapped in the initial one. Cheers!
I've been long **GLD** LEAPS since March 5th. Such a beautiful chart for the prior 18 months. Then April and the doldrums. But I held through, steadily selling CCs, so I'm glad for the breakout. I'm also in **GDX, IAU,** and **SAND.** That's all for gold, but for silver I'm in **SILJ**. And for general metals, **XME** and **WPM**. This precious metals run has a while to go in my opinion.
Maybe all you need to do is inverse what you actually doing and buy Gold leaps like GLD. I think you just are at the opposite site right now
Just holding on to my GLD leaps but I’m concerned about interest rates. I think it’s difficult to predict how gold will react if inflation rises, which is looking more and more likely. Interest rate cuts benefit gold but inflation could prevent further cuts. I’m thinking about buying some puts to hedge my leaps.
I never heard this before. You are saying if you gold shares of the GLD etf (not options), they would NEVER be taxed at long-term cap gains even if held over a year?
QQQ, SPY, and GLD leaps with QQQ and SPY PUTS 15DTE to hedge
You can always sell a call at a strike above each long call. For example, if you have a $260 call on GLD you can sell a $270 and lock in most of your profit
13 GLD calls for 9/24 strike price 335, will these print?
$800k real state, $300k active investment, 900k diversified through SPYG, GLD, and a few bits in companies like GOOGL.
hey just practicing for next week... BER FUK/BOL FUK. Futas ripping/dipping/+0.02%. Lmao Europoor/Amerifat. When V?. Great DD. Sydney Sweeney DD formation. USD paper toilet. Whao, GLD short/calls omg. FOMC sell the news/omg infinite money printer. War is bullish. Rate cuts are bullish/bearish. AI is a bubble. Why bother with SP493 theyre dead. Most expensive SP500 since 1964. OPEN +192 week over week. NEW CEO. CEO QUIT. Mortage fraud. No mortage fraud. BTC dead. BTC alive. *Phew*, did i get them all?
Right now I'm holding a range of GLD options expiring on Friday/Monday that max at $350 for the lotto play. I don't think there is much else there that should be a safe play.
There are fee only advisors - but tbh - I'm not really sure how good or bad that sort of service is because - it's a one time sessions. Since you already have a relationship with a brokerage - you could check if they have a wealth management or investment advisory business that you can talk with. Your proposed allocation seems fine. A few observations: BND is an intermediate duration fund with average duration of about 7 years and BLV is a long duration fund with average duration of 13 years, so there is duration risk. So they are both very different profiles. GLD is not a hedge. What are you trying to hedge for?
Yesterday I posted about kids accounts, today I want to ask about my own account. US ex-pat, so limited to US ETFs but less of a need for HSA and the like. I have a local pension (functions I guess similar to a 401k) and don't make enough money beyond that to invest in both a taxable brokerage and also a Roth IRA. So currently in a taxable brokerage account but there's no specific purpose other than long-term growth. I have a provident fund from work as well which is separate. Currently it's a mess with no clear strategy, major overlap (I have VOO, SPY, and QQQ \[which I know is different but just based on weights has a lot of overlap\]). I'm looking at a long-term strategy of simplifying, though that will also require short-term figuring out the best way to do so without a severe tax hit, even though the account isn't so big (only $20K). I'm looking at an idea that would see: 1. 35% VOO 2. 20% VXUS 3. 10% AVUV 4. 10% BND or BLV?? (my emergency fund is held in my local, non American account, so not looking for something like SGOV) 5. 5% GLD?? (some type of hedge??) 6. Remainder on sectoral fund(s)? Right now, it's a mess. There's just so much of this and that sprinkled around and that's dumb (for me) because I want passive investment. I'm not looking to actively manage and constantly readjust. So even if what I wrote is a ton, it's still a massive overhaul and simplification. Maybe I need to sit with an investment advisor, but I'm curious if there's one that'll sit for just a couple of hours for a small portfolio like mine because I'm not looking to move away to a managed portfolio (for a variety of reasons).
Happy to. But first, have you read a book on options? Books are still about the best way to learn anything, and this one's solid without being overly technical: [Options for the Beginner and Beyond,](https://www.r-5.org/files/books/trading/schoolbooks/W_Edward_Olmstead-Options_for_the_Beginner_and_Beyond-EN.pdf) by Professor Olmstead of Northwestern University It's a link to a pdf, so just click and read. And actually, just read Chapters 1 through 5 for now. But add Chapter 6, LEAPS, if you want a serious, low-risk way to make money. Buy long-dated Call options at 80-delta as stock substitutes. You could stop there and become a successful options trader. But add Chapter 14 for Covered Calls, then marry those to LEAPS Calls for the Poor Man's Covered Call. They're all I do now. Okay, CSPs and CCs in general, most of the mantras came from TastyTrade several years ago, who supposedly did a lot of backtesting: 30-delta 30-45DTE Buy back when they've lost half their value. Those rules work for CSPs and CCs, so just kind of memorize them. In practice, say I thought GLD was going up: I might sell a Cash Secured Put. Open up the option chains and follow along. 20-35 days lets me choose 17Oct or 24Oct. Here's an important point you can prove to yourself: *There's more theta per-day in a shorter option than a longer one.* Go into those two expirations and work it out for yourself: at 30-delta, ALL the premium is theta/time, so just divide it by the number of days. So I'll pick the 17Oct at 3D2TE from Monday. Find the Put side and slide up to 30-delta. On ThinkorSwim that's the 329P. Its Bid/Ask spread is 2.97/3.10. Midpoint is 3.03. (Not 3.04, because we're selling and have to round down. On Monday that option will sell for close to 3.04. How do you make money from that thing? Two ways: 1) the passage of time 2) GLD goes up, making the 329P farther OTM Either way, or both, the value of that option should go down. Each penny it goes down is $1 profit for you. When its value gets down to 2.00, how many dollars have you made? And following the rule, when that option becomes worth 1.51, we should buy it back, closing the trade. Buy to Close. Do you see how 1.51 is half of 3.03? What I do, is when I sell that rascal, immediately put in a Good Till Cancelled order to buy it back. A GTC BTC order. One day you'll open the account and see it's sold, so you go sell another one, following the TT rules.
how much of your portfolio did u allocate to GLD?
dudes, GLD is not supposed to beat SPY or TLT over 20+ yrs. Something is seriously broken.
Oh not much, just that I've gotten away from selling ATM. And swung the other way entirely: selling at 16-delta, which is a 1 Standard Deviation move, or the Expected Move if your platform shows it. I just got done saying to someone in another thread that lots of things 'work' in options. And I think none are demonstrably "the best." But with GLD especially, my CCs at 30-delta, and then even at 25-20 delta, were getting consistently run over. And yes, I was rolling them, but never gaining enough ground to get them out ahead of the ETF. Point in case: I'm short a GLD 199DTE 333C that's ITM at 64-delta by 2.42. It's worth 20.00, which is $2,000 that could've been in my NetLiq. The 84-delta Call it's written against is going up faster, sure, but I'm only gaining (84 - 64) = 20 deltas, or 20% of GLD's move each day. I don't usually let them go out that long (60 days is kind of my max), but I never remember to save up enough cash in the acct to buy it back before I get down to it and go, "Crap. I forgot to buy this one back. Guess I'll roll it again." On another note, something I picked up on just this past week because someone mentioned it to me in another thread is TLT. Before you think, "It's just Treasuries, how exciting can it be?," look at its [1-year](https://imgur.com/a/VCYF8G9) and [1-month](https://imgur.com/a/HcV3j9e) charts. That rebound at the end is I think due to the upcoming rate cut expectation. The main thing I do these days that I don't think is in my OP is PMCCs: buy a Call a year out at 80-delta, sell a Call 30 days out at 30-delta. And for that, you don't necessarily need the underlying to go up much, but *you need it to not go down*. And I suspect that's going to be the case for Treasuries for the near term. So then watch this: Buy the TLT 489DTE 75C at 88-delta for **15.43**. Sell the 32DTE (from Monday) 28-delta 92C for **0.59**. ROI: 0.59 / 15.43 = 3.8% That's in 32 days, so annualize to about 43% if you could do it time after time. That's a LOT. AND it's Treasuries, which aren't going to drop quickly. AND that doesn't take into account any appreciation of the long Call. If you want MORE excitement, bring the long Call in to about 120 days: Buy the 16Jan84C at 80-delta for **6.65**. Then sell that same Call against it: (0.59 / 6.65)(365 / 32) = 101% apy, 'sort of'. So one thing I'm doing is settling down into a 5-ETF allocation which I'll rebalance monthly in general, or weekly if needed. GLD and TLT are going to have permanent 20% slots. Then I'll fill in the other 3 with things I pick. Take a look at the chart for MAGS to see the kind of price action I like. Take care!
Spy ytd: 12% EUFN ytd: 47% EUAD ytd: 83% GLD ytd: 36% GDXJ ytd: 100% Bulls: we winning on US broad market, me do good mommy?
oh shit, we actually doing this? starting to shoot down russian drones? then planes? then manned APCs/tanks. lets FUCKING go #RHM #GLD #SPONSOREDCOMMENT
I have 2.5% of my portfolio allocated to QQQ 550P if we get general market weakness next week. Also have 2.5% in GDX 60P since GDX is at 82 rsi already and I have a significant GLD and SLV long exposure
Having real gold is regarded…. The cost to store, risk of loss, and difficulty moving it around vs GLD is no bueno. If and emp takes out the worlds Financial systems and I lose all my GLD it will be guns and bullets you want, not gold bars.
Me too. Mostly as a hedge though, so not really a bear, especially now that my GLD is a “high growth investment”
u would rather have physical gold than GLD?
How do y'all store your physical gold? Most regards just buy GLD.
I don’t think the counterparty risk of owning paper gold like GLD is sufficient enough to warrant holding physical gold, nor does it outweigh the slippage in terms of redemption and the risks of holding physical gold. But yes, DCA is always psychologically easier than lump sum investing.
GLD 400 lol. Send it higher boys !!!
These GLD calls have to print next week
Fold them or hold them? That's always the question isn't it. It's just seems too easy holding losers too long and cutting winners too early... I think IWM would be a better play than SPY for the Sept 17th FED decision; I bet on XHB though, since I think the home builders sector could run the most and I like to target sector indexes - also a rate cut should be good for precious metals; so GLD, SLV, PPLT and PALL seem like more focused bets than SPY. I'm down so much in August though, you'd probably be better off inversing me. Seriously, I'm kind of freaking out about how down I am from August; every time I went long, the market pulled back, and every time I went short the market rallied... I also cut NEM 69c sept 19th calls and GOOG 200c Sept 19th calls that together would be up over $100K if I had held them; would have saved my port big time, instead I'm down on the year as a whole after 1 really bad month (9 months of time spent trading wasted T\_T ). Also, there is always the chance a 0.25% cut would be a sell the news event, and that a 0.5% cut would cause the market to panic. Like I said, I feel like all my plays have been wrong recently, so I'm probably not the one to ask.
Wanna hear something funny? IBIT & ETHA have outperformed S&P500, Nasdaq & Gold 1Y 1Y Performance * IBIT +99.64% * ETHA +97.43% In comparison (1Y) * Nasdaq +24% * SP500 +17.67% * Gold ($GLD) +41.93% * Silver ($SLV) +40.59% Full disclosure, I'm invested and I've been invested in IBIT and ETHA since inception
Have several GLXY call options, also have exposure to the o GLD And a long leap on GOOG. might try to jump on thr LDI hype and see if I can make a quick buck or two.
I'm loaded to the tits with GLD calls
I feel like GLD is gonna rip
Make sure to buy some GLD calls before eod
Would GLD calls be the move 2 weeks expiration?
With no real earnings next week, I'm basically in two positions, mid term TSLZ calls/shares, and in honor of JPOW a bunch of GLD calls at different strikes.
Isn't rhya abut redundant if I already have GLD?
Current have calls for GOOG, GLD, and GLXY. what other G calls should I buy?
please GLD, you can go higher bby
I threw like 50k at GLD. Gold has been unstoppable the past year, I think inflation continues - rate cuts exacerbate that and gold keeps pumping.
Fine - I’m done buying puts. Full port long $GLD.
Anyone see a GLD glitch up to 343 in RH?
what the hell was that GLD spike at 8?
GLD spiked to $343 after hours!
Wtf, GLD spiked to 343 briefly. Calls seem like the play
Once again- EUAD was my best hold of the year besides GLD. Russian invasion of Poland would be very bullish for this stock.
6% interest is considered as low and 10% inflation more like it by 2035. GLD at 2k and Tesla at 100 trilion market cap with robo taxis and optimus launch told to happen the last quarter of 2035 of course. ORCL projects RPOs of 1000 trillion on 2035 yearly revenue of 25 Billion. Stock removed from trading due to the software running out of zeros to represent it. AVGO is trading at 120 after splitting 10 times.. approximately once every year. Analysts still trying to figure out how they make money.
Tbh I make way more money cycling through SPY, QQQ and GLD. But I can't resist the soap opera
Damn. XLF C ETHA IBIT GDX GLD SLV PAAS They were accumulating for a whole week. Gonna make a massive move soon
Are you invested in GLD? Whats your recommendation for gold?
last time the Bers did 'dead presidente' GLD was doing +1.5% on the days around the weekend of his 'disappearance'. So i say, let the Bers be Bers
No. Many years ago yes please did that. But now the security and storage costs are too costly. My advisor simply has me in etf GLD. It’s a super small percentage
Chances GLD opens tomorrow at 338? :')