SPDR Gold Trust (GLD) Call Options

The March 28th $192 GLD calls are priced at about $2.535 per contract.

To breakeven gold only needs to be $2,100 per oz on March 28th.

If gold closes March 28th at $2,300 per oz, which is very realistic considering the newly released COT data, these call options will increase by 728.459% from $2.535 per contract up to $21 per contract.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.