A Quick Trade in Gold / GLD
Posted on February 24, 2012 at 17:34 PM EST
This was an intraday trade in GLD today from Wolf on Wall StreetWe saw the 3C negative divergence in GLD... Then simply used March $173 Puts and in a few hours had a 4.41% profit.By way of comparison, we made in two hours what it would have taken 27 days to make being long the SPY. More about Wolf on Wall Street..Brandt Uses Worden's TeleChart and StockFinder 5 Exclusively
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