Power Plays Options
New Idea: GLD Puts
April 24, 2025
By Scott Redler
Gold has been the #1 asset class in 2025 thanks to the tariff war and concerns over the economy.
But I believe it is due for a pullback, especially with the equity markets showing more stability.
So I'm adding this position to Power Plays Options:
- Long GLD May 16 $300 Puts
These puts look good in the $4.75 to $5.25 area. (or lower)
Also, if the US does make real progress on trade, especially with China, traders should rush to the exits with gold.
-Scott
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