This week we are going in with the Iron Condor strategy in Gold (GLD)
The reason for choosing this option trade is that Gold has taken a beating over the last couple months and is extremely volatile, and we love volatility.
Why? Because that means the options are expensive, and we love to Sell expensive things (and hopefully buy them back when they are cheap).
Watch this video to get the trade details.
Hope you enjoy it!
Kal
Trading Risk Disclaimer
All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.
➤ This is a recent trade from our Option Alert System (see link inside). I’ll teach you the entire trading process from start to finish. How and why we picked the stock and the strategy. How we set up the trade and how we manage it for success.