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

#689: Mon 8/28/2017 10:06 AM EDT
Lock In Gains On UGA Calls

Friday we recommended calls on the United States Gasoline Fund LP ETF (UGA) using the October $26 Call that was trading at $1.70. UGA was at $26.70 and is now at $27.68. The call is at $2.15 for a gain of $0.45 or 26.47%. ~more~

#688: Fri 8/25/2017 3:35 PM EDT
New Trade In SPY

New Trade In SPY. We are going back in abd will buy the October ... ~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

#716: Mon 8/28/2017 7:31 AM EDT
The Week Ahead Sees The Clean Up To Hurricane Harvey Begin

The Dow Jones Industrial Average, S&P 100, NASDAQ 100 and Russell 2000 were higher for the week. 1.Geopolitical and Fiscal Events. Congress remains in recess. France holds a summit with key European leaders on Monday. Tuesday sees Chicago Federal Reserve President Charles Evans speak. ~more~