Im at an interesting juncture right now.
All my puts and written calls expire today.
That leaves me with a few calls for August and written puts on CBA. I now need to hedge those puts. Im hoping this rally will continue but I dont think it will.
As for JPM, they sounded a little too squeeky clean in their statement last night. I smell a rat. Its common knowledge the the fed intervened in the gold market to prevent JPM from going bust over gold shorts.
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