Naked Put Option Selling in Gold – pTheta Entry Analysis ($GLD)
Quick Overview:
As I mentioned in the Weekend Market Commentary, I’m looking for a naked put to sell in Gold ($GLD). My personal opinion is that Gold looks fairly neutral with a good amount of non-directional volatility. The Parabolic SAR for the pTheta system was hit last week and price has fallen a bit from that level. The video below includes a technical analysis discussion of Gold and what expiration series seems to provide the best risk/reward. Feel free to post any questions you have in the comments below. The video is provided for educational purposes only and is not a recommendation to take a trade. Enjoy: