TRADE IDEA - Gold Option Put Butterfly Flagged As Cheap

Futures Options Trade Idea

Futures Options Trade Idea

Gold Option Put Butterfly

 

Trade Idea: 

 

GCZ9 1535.00/1505.00/1475.00 1x3x2 Put Fly with 87 days to expiry

System alert this morning to check out the GCZ9 1535.00/1505.00/1475.00 1x3x2 Put Fly with a sub 2 z-score. It trades closed around -6.96 last night (Pays a credit with breakeven at 1486.51).

 

Just remember, this is a trade idea only and not investment advice. Do your own research and consider your risk tolerance. Know your risk.

Disclosure: We may have trading positions in the same or highly correlated trading structures. 

 

 

 
About the Author

George Austin is a co-founder of Pricing Monkey. Pricing Monkey provides financial derivative pricing and analytics software that helps improve understanding of complex derivative positions.