Darkerowl Posted December 18, 2023 Posted December 18, 2023 The stock im looking at is GLD a company in the making and selling of Gold, they have been super steady in the upper 186-189$ but today they are going up again and I wonder is a option for a call buy, worth it. Quote
TrustyJules Posted December 18, 2023 Posted December 18, 2023 6 hours ago, Darkerowl said: The stock im looking at is GLD a company in the making and selling of Gold, they have been super steady in the upper 186-189$ but today they are going up again and I wonder is a option for a call buy, worth it. GLD is not a company but an ETF that is used to track the gold price. So if you believe gold will keep rising it is the strategy to buy the GLD option. As a commodity index you are entering a sophisticated part of options trading that is not for everyone. Quote
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