Friday’s CME report showed a surge in large option blocks in gold — two of them stand out.
🔹 1. "Long Condor" on December Futures (GCZ24)
This is the most significant structure added:
Targets a move below $3,620 or above $3,780
In other words: a breakout is expected, not consolidation
📌 Key point:
A "Long Condor" profits from volatility, not direction.
It wins if price moves sharply — up OR down — but loses if it stays flat.
🔹 2. Bull Call Spread (Oct Series): $3800–$3850
Another key play:
A classic bullish call spread at 3800/3850
Target: upside beyond current levels
But here’s the difference:
Unlike the "Long Condor", this one needs a clear upward move — and soon. Within a few days.
This isn’t about volatility.
It’s a directional bet that gold will rise.
🧠 Bottom Line:
One portfolio says: "Breakout coming — no matter which way."
Another says: "Gold goes up — and soon."
Are they aligned?
Contradictory?
Or could both win?
Trade smarter, not harder! Looking to boost your profits with valuable market insights and data-driven entry points? Join us or keep moving!
🔹 1. "Long Condor" on December Futures (GCZ24)
This is the most significant structure added:
Targets a move below $3,620 or above $3,780
In other words: a breakout is expected, not consolidation
📌 Key point:
A "Long Condor" profits from volatility, not direction.
It wins if price moves sharply — up OR down — but loses if it stays flat.
🔹 2. Bull Call Spread (Oct Series): $3800–$3850
Another key play:
A classic bullish call spread at 3800/3850
Target: upside beyond current levels
But here’s the difference:
Unlike the "Long Condor", this one needs a clear upward move — and soon. Within a few days.
This isn’t about volatility.
It’s a directional bet that gold will rise.
🧠 Bottom Line:
One portfolio says: "Breakout coming — no matter which way."
Another says: "Gold goes up — and soon."
Are they aligned?
Contradictory?
Or could both win?
Trade smarter, not harder! Looking to boost your profits with valuable market insights and data-driven entry points? Join us or keep moving!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.