GDX – GLD Volatility Play
- Posted by DynamicHedge
- on November 13th, 2010
I introduced this spread last friday. I’ve been trading this for a while now and it’s a very good way for experienced traders to capture some of the volatility in the precious metals space. Many great trades this week, but lots of heat in this market. Take a look at the chart I posted last week and the update. The commodities sector is violent lately. Size your bet correctly and watch your risk.
Last week:
Below I’ve highlighted minor resistance (blue tint) and major resistence (yellow tint).
This week:
Disclaimer: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please click here for a full disclaimer.
-
DynamicHedge is an equities, futures and derivatives trader based on the West Coast. He runs a long/short opportunistic relative-value strategy within a proprietary trading group. More
-
-
-
Recent Posts
- How Value Investors View Bitcoin
- Trusting your Intuition in Financial Markets
- Total Coin Supply and Inflation in ICOs
- Tokens, Blockchain, and Bubbles
- Three Ways To Be In Service To the Market
- Underlying behavioral trends
- Pattern Recognition vs Pattern Matching
- Seasons of the market
- Volatility expands at the end of a bull market
- Market maps and cycle changes
-
Archives
