NaughtyPines

Closing (IRA): GLD May 21st 163 Short Puts

AMEX:GLD   SPDR Gold Trust
... for a .48/contract debit.

Notes: Decided to take profit here on this little up move, rather than hang out in the trade another 18 days, particularly since I collected a total of 3.97 in credits and rolled down and out on strike test. (See Post Below). 3.97 - .48 = 3.49 ($349) profit/contract. Will consider re-upping on a dip back to the 157 level (March 8th, March 30th lows).
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