Tag: Straddle
Trade of the Day (GLD) 8.27.2012
Trade: Buying the $GLD August weekly 162 Straddle for $2.10
Risk: $210 per 1 lot
Reward: Unlimited
Notes: good risk vs reward with Bernanke speaking this week
UPDATE 9.11.2012 This trade was a Small Winner and Closed at $4.22, another Winner and Moving on.