Thursday, September 3, 2009

Winning Gold Straddles for September and October

With today's breakout in gold, here are straddles and strangles on GLD, Yamaya, and Kinross, for September and October. Maximum moves required for profitability are shown. Actual moves required will most likely be smaller.

(please click to enlarge)

As always, options are extremely risky. Please do your DD.

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