On May 4th https://www.theoptionplayer.com/ executed a Gold Trust Shares ETF (NYSE: GLD) June 15th expiration (42-day) option trade. June expiration option contracts expire today and we closed out the position to minimize the potential loss. Confirmation information is displayed in the tables below. Login with a Premium Subscription to view data/images
The chart below confirms the GLD ETF crashed hard today.
Whatever you decide DO NOT let the GLD ETF end the day below the sold put at the close of trading today; otherwise you will be automatically assigned by the broker over the weekend.
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