Going Long Gold

By Licia Leslie

April 16, 2025

Hi Shoppers,

 

An easy way to trade gold without trading the gold futures is using the SPDR Gold Trust (Ticker:GLD):

When the futures rallied 100 bucks, GLD went up $11. 

 

At the very least, I think it will trade $303.

 

Check out the Apr28 expiration, it seems the cheapest to me.

 

Trade Review

IBM is up over five bucks this week. I think it will still hit $246.40.

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

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CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain

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PFE May17 26 calls closed for a 66% win

OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain

OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain

Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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