AU: collect $530 (4.4%) premium from these short put with strike at $60.
Contract expires in 4 weeks on 21st Nov.
GOLD price dropped to slightly below $4000 per oz and depending on end of day price might of might not break the $4000 support.
That's a good 10% drop from the peak just formed 1 weel ago.
Meanwhile AU had corrected 20% from $80 to $64.
Been finding some chance to reenter back into gold trades after disastrously shorting the miners for most part of this year.
Now, I'm bullish on gold and trying to setup bullish trades on pullbacks.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 2.65 2Lot(s) | -- Closed |
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- HilaryWilde·2025-10-28Sounds like a solid strategyLikeReport