#LongCalls #LEAPS – I’ve been staggering these out over 2-3 weeks selling the ratios. Once the near ones get profitable I put on a stop and sell the next batch. Just killing time with gradual basis reduction until it recovers.
Bought to Close GLD AUG 17 2018 116.5 Calls @ .01 partial fill so far (sold for .50)
Sold GLD SEP 7 2018 114.0 Calls @ .43
Still holding (with profits) Aug 24th 116’s and Aug 31st 115.5’s