Tuesday, October 6, 2009

Profit From Gold Going Up or Down

Is gold going to continue soaring, or will the U.S. Dollar find support and make gold come back down? Somebody out there knows, but we don't, and we don't really care. A good way to play is is with straddles, where you casn profit either way.

Here are October (riskier), November, and December straddles, calculated with the StraddlesCalc V2 tool. Maximum moves required are shown, for position sizinf of $2k. Use multiples for larger or smaller positions.

Note: You can receive technical analysis and alerts on GLD, sent automatically to you, by entering the symbol in the Technical Trend Analysis Tool, (powered by INO).

Please do your own due dilligence.

Stumble Upon Toolbar

No comments:

Financial TV

Blog Archive

// adding Google analytics