Posted on October 15, 2020
Not sure if it’s appropriate to offer an apology here; the trade we’re recommending today is one we’ve made before – numerous times.
That’s how it is, though, when things are working.
You just go with them.
And if the money keeps a’streaming… well, then, why cry boredom?
But before we get to the trade, we’re continuing with Alan’s work on the October expiry.
Let’s get to it.
But it was limited.
And that’s good news.
We closed the CALLs on September 25th and the PUTs will almost certainly expire OTM. Nothing great. But not a loss.
And that’s just fine.
Should we see anything egregious in this afternoon’s trade that affects any of the above, we’ll surely circle back to you tomorrow.
As you’ve seen over the last few months – and as our trade results have proven – our WPM/GLD pairing is a knockout.
Many happy returns!