← Back to News

Announcement

Close GLD Call Spread For Gain of 25.50%

On Wednesday the 15th, we bought the August 21 GLD $370 Call for $12.60 and sell the August 21 $380 Call for $7.62 for a cost of $4.98.  The $370 Call is now at $16.67 and the $380 Call is at $10.42 for a value of $6.25 and a profit of $1.27 which is 25.50%. GLD was at $371.70 and…

By admin · July 22, 2026

On Wednesday the 15th, we bought the August 21 GLD $370 Call for $12.60 and sell the August 21 $380 Call for $7.62 for a cost of $4.98. 

The $370 Call is now at $16.67 and the $380 Call is at $10.42 for a value of $6.25 and a profit of $1.27 which is 25.50%.

GLD was at $371.70 and is now at $380.29.