Was filled in the following ETF trades:
Bought Jan GLD 120 calls @ .95
Bought Jan SPY puts @ 1.93
Looking for 20 percent return on each
I,m guessing that was the 265 Jan put.
I can see the GLD play, but what are your thoughts on spy puts?
SPY seems to me to be in a strong uptrend.
GLD working it,s self toward the end of a triangle?