Top 5 Companies To Watch For 2015
Related GLD Why Brian Kelly Is Betting On Gold For 2015 Gold Looking To Break Out Making Money With Charles Payne: 11/13/14 (Fox Business)On CNBC's Options Action, Mike Khouw spoke about unusually high options trading activity in SPDR Gold Trust (ETF) (NYSE: GLD).
He explained that the activity was twice the average daily volume and it was a result of a large institutional bullish bet on SPDR Gold Trust (ETF). Somebody bought around 40,000 contracts of the March 120 call options for $2.25. The breakeven for this trade is at $122.25 or 4.26 percent higher at March expiration.
Khouw added that options premiums are up around 50 percent and the last time that happened SPDR Gold Trust (ETF) gained 10 percent.
Posted-In: Mike Khouw Options ActionCNBC Options Markets Media
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Related Articles (GLD) Why Brian Kelly Is Betting On Gold For 2015 Gold Looking To Break Out Market Vectors Gold Miners ETF Outperforming SPDR Gold Trust Here's The ETFs Blowing Up On Social Media Have Gold ETFs Finally Turned? Former Facebook Foes Prepare To Divulge On Winklevoss Bitcoin ETF Around the Web, We're Loving... World Cup Championship of Binary Options! Huanity's Last Great Hope: Venture Capitalists Don't Miss The Next Webinar to Advance your Trading Will Apple Redefine How We Shop? What Did Josh Brown Say On Our Morning Show? We're Now Hiring Journalists for our Newsdesk! View the discussion thread. 5384 38K 323 Get Benzinga's Newsletters
No comments:
Post a Comment