GLD

#SyntheticStock – I should be really enjoying this gold run but not so much. Another weekly sale that’s absolutely gotten run over. Rolling the whole thing up to get back to long deltas but still leave a little cushion for a pullback. Disaster puts were only 2 points below so leaving them in place for now.

Rolled Jan 2020 122/122 synthetic up to 124 (leaving 120 puts in place)
Rolled Mar 2018 124 calls up to 126

All for .35 credit…