right now oct. gold 1650 puts are trading at 6.2/6.6 bid ask
for $650 bucks one has a shot to make $15,000 on a $650 investement (total risk) if my thinking has even a chance to be correct.
expiration 3 weeks from Tue.
Silver 34 puts are around .16 ($800)
We have a good shot at collapsing to $30 by expiry (same as gold)
Would be worth $20,000
Another good risk/reward ratio....
Food for thought as we approach the end of the week before a long weekend with the dollar still basing and all the extended hype for a dollar crash...
AND gold 'attempting' to put in a double top on a parabolic trajectory.....