Neutral - GLD (Short-term) & Short (Long-term)

5月15日

A. Short-term: NEUTRAL
Daily chart pattern: Double top
RSI: Close to 50. Needs to cross 50 to turn bullish momentum

1. Double top confirmation
- Fib 0.382 rejects at $299.85
-> Enter PUT option for PT: ~$280.5

2. Failed double top
- Pass fib 0.382 at $299.85 to gap up
-> Enter CALL option for PT1: ~$303
PT2: ~306.5

B.Long-term: PUT
Overall long-term opinion: LEAP PUT for GLD with expiration date more than 1 year. PT: ~200

5月17日

註釋

***Confirmation for PUT option is breaking support line $~288.5

5月20日

交易進行

CALL PT1 hit :~ 302.7 (very close to PT)

5月23日

交易結束：目標達成

CALL PT2 hit: ~308

Im out for now