Call debit spread - GLD
Buy a call debit spread Gold, just to hedge my portfolio, with a low IV rank hence why I did a debit spread.
Anything below 20 IV Rank is when I do a debit spread, and Gold has been smashed to the down side.
Its below my 160 call, so I just have to wait until it goes back up to 160, if it drops more then I have to roll credit call below 160.
Anything below 20 IV Rank is when I do a debit spread, and Gold has been smashed to the down side.
Its below my 160 call, so I just have to wait until it goes back up to 160, if it drops more then I have to roll credit call below 160.
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