By Dan Darrow

September 26, 2022

Intraday Update: GLD

GLD is into the next roll range (152.50). A weak session Friday and a weak start this morning has GLD at its worst level since the beginning of 2020, and the drop is offering a nice opportunity to lock more money in on the trade. The plan will be to close the current Oct21 $154 - $150 put spread and roll down an Oct21 $150 - $147 put spread. The next target will be <150.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication