• Vertical Spread
    I was hoping to write some Calls on my $IAU, but it ain't moving and the calls are cheap anyway. Thinking about $GLDI instead. Whatsayyou?
    Reply (3)
    • Ocean Man: $NUGT is cheap with expensive calls. Plus the decay helps the calls win.
    • Vertical Spread: Wow, what an anomaly. The options market must know something. An ATM Call 1 month out for 10-11%.
    • Vertical Spread: Still don't know why the At The Money calls were so pricey. That dog has fleas, 8.20 -> 6.60 since your comment. Covered writer no winner.
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