The Ultimate Speculative Trade
Over the last two weeks I posted about a speculative trade using call options on RGLD. The first part was a Jul 115 call that expires this Friday. Last week was the second part adding an Aug. 120 that goes until Aug. 19th. While the July 115 could very well end up worthless (RGLD moves big and fast so I am still hopeful) I expect my 130 target to be reached by Aug 19th. It is now time to add a silver play. My vehicle is AGQ. If you don’t want to risk everything on an option, buying here under 22 is fine. I like the Aug 25 call.
Good luck with that.
I have a fresh intermediate Trend Continuation ReSell signal today (pending EOD).