1 result for tag: gold


GE Update, trading Gold?

Today, our 500 share GE covered call position is showing a profit YTD of $782. We are enjoying a daily time decay (theta) income of $4.20. We decided to try and add to our position today by selling another put. That order is still open and has not filled. Subscribers get the details of this trade. What about Gold? There is huge trading volume in the GLD, which tracks the actual price of gold.  We also find large volume in the GDX, which is the gold miner's ETF. Options volume is very high in both of these names. It seems that there would be great opportunities to trade these symbols and their options. We haven't found it to be profitable - and we ...