GLD double bottom and upside MACD divergence in place, have picked up some MAy 31 expiration $121 calls at 0.42. MACD says price should be around $121.5.
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super start for GLD its flying today with the market down hard, looking to close these out for a solid 120% gain just watching the markets closely for a pullback.
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exited for a nice double late yesterday
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So if you'd held on to those May 31 $121 calls expiring today you'd have made 500% gain on the trade.
