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

Weekly Update

#092: Mon 8/23/2010
Weekend Update

Currently, we have one open position in the Streettracks Gold Trust (GLD). We have a $118 and $114 September Put Spread on this name. GLD is trading at $119.97. At a point this week, we may take off the lower portion of this spread and let the $118 float by itself. There are four weeks left until expiration. GLD is moving higher with $120 looking like a top while SLV is range bound. USO, OIL and UNG are all moving lower week over week. These are ETFs that track the price of energy prices. OIH remains range bound with a slight negative bias as it just broke below $100.

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Latest Alerts

#273: Fri 9/3/2010
Who Needs A Buyout?

We will take profits on the September $12.50 Calls in AK Steel (AKS) at the market. The current price is $1.39. The gain is $0.38 or 38%. ~more~

#272: Mon 8/30/2010
Takeover Rumors For This Steel Company

This morning there are rumors that XXXXX could be taken over by XXXX. Already this moring 13,437 calls have traded against 4,950 puts. This is 177% of its 20 day average. ~more~


Options Activity

#150: Thu 9/9/2010
Sorted By Volume Over The Past 20 Days

The scan is sorted by the Option Volume 20 day average. Only one name RIG sees above average volume. Bias is to the call side. ~more~