Hey buddy,
the electronic metals markets are trading, got out of my short term puts for $620 (paid 200)
Sorry you missed the trade...
Added 2 more of the 6 week long (March 28th expiry) puts last night before the market started to drop, so I'm lucky there too....also picked up a silver 13 put with the same expiry for the heck of it...although it hasn't done anything yet...
Now my 5 long term puts are free, paid for by the selling of the short term ones.... :)
I hope gold breaks 1200 soon...that's the major sell signal I'm looking for....
Then, if it struggles to get to the highs of last week but doesn't break it....short it with everything you got....I will add to my short position as well in this case..
Cheers!
:-)#