ETF Chart of the Day: Not so Golden
June 02, 2014 at 11:59 AM EDT
It seems that some may be using this recent dip in Gold and Precious Metals prices as an opportunity to get long exposure to GLD (SPDR Gold Trust, Expense Ratio 0.40%) via call options. We saw the July 124 strike calls trade more than 25,000 times on Friday, and given the high $119-$120 handle...