Gold and Energy Options Trader -- Gold, Oil & Energy Markets Investment Research
Geoff Garbacz James DiGeorgia

Weekly Update

#132: Fri 5/18/2012
Update On Trades Impacted By May Expiration USO and XLE

We opened two trades last week with May expirations. Both were May/June Calendar Call spreads. We weighed in on the May/June Call spread in USO earlier this week and closed our June Call. We decided to leave the May Put exposed as it was unlikely to move above $36. This morning USO is at $34.83. This trade will end up being worth $0.83 so our profit is $0.22 cents as the spread was put on at $0.61. The gain is 36.06%. We sold the May XLE $67 Calls at $1.46 and bought the June $67 Calls at $2.38 The spread was established at $0.92. The May $67 Call will expire worthless and the June $67 Call is worth $0.96. So ...

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Latest Alerts

#373: Thu 5/17/2012
Taking Gains In GLD Calls

We bought the June $150 Calls at $2.93. They are now at $4.35 for a gain of $1.42 or 48.46%. Sell for a gain. ~more~

#372: Wed 5/16/2012
Materials Name Is Too Cheap

Sometimes you look at a stock after it has corrected and say,"...this is stupid cheap". We are there on ... ~more~


Options Activity

#231: Mon 5/14/2012
Option Volume In The Energy Patch

Tonight we have sorted by the heaviest options volume. The leader was CHK followed by XOM. ~more~