VNW Capital
09-21
$GLD 20261120 375.0 PUT$ 

Good to have gold in portfolio. GLD down today so premium is good. Chose short strike price at $375. It's way below 50sma and is also below a support and pivot point in its run on 5 August 2026 which is at $380.

GLD PUT
09-21 22:31
US20261120 375.0
SidePrice | FilledRealized P&L
Sell
Open
4.85
2Lot(s)
-17.52%
Holding
SPDR Gold ETF
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Comments

  • XianLi
    09-21
    XianLi
    380 feels like the cleaner line to me, 375 gives you more cushion though. That Aug 5 pivot matters if gold stays bid
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