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

Weekly Update

#269: Wed 5/3/2017 8:14 PM EDT
Why I Closed Out GLD Puts On Monday & New Trade In USO

Monday I closed out a put position in GLD that was established on April 11th. Why did I close this trade out? Normally, I give myself time to be wrong before I am right, In the case of this trade, I was starting to run out of time. The trade had six weeks to expiration when I recommended it on April 11th. As such on Monday, we were down to a bit less than three weeks. Time decay was about to kick in.

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Latest Alerts

#681: Tue 5/16/2017 12:10 PM EDT
Lock In Gains On GLD Calls

Last Monday we recommended the SPDR Gold Shares (GLD) June $116 Call. The call was worth $2.26 and GLD was at $116.82. GLD is now at $117.72 and the call is at $2.52. The gain is $0.26 or 11.06%. ~more~

#680: Mon 5/15/2017 9:42 AM EDT
Lock In Gains On USO Calls

On May 3rd we recommended buying the United States Oil Fund ETF (USO) June $9 Call. The call was worth $1.09 and USO was at $9.89. USO is now at $10.22 and the call is at $1.28 for a gain of $0.19 or 17.43%. ~more~


Options Activity

#1032: Sun 11/27/2016 9:59 PM EST
Unusual Options Activity

Each day we look for unusual options activity. If there is none, then this column will not appear. We note one materials name saw unusual call action and one energy exploration company saw unusual put action. ~more~


Daily Comments

#700: Wed 5/24/2017 8:29 AM EDT
Futures Mixed

U.S. futures: S&P -0.50, Dow Jones +1, NDX +6.50 and Russell 2000 -0.90. Asia higher and Europe mixed. ~more~