Trade view /
22 August 2016 at 14:16 GMT
Gold has failed to rallied above our strike price of $1,350/oz and although we still feel bullish about the metal, with three days to expiration we will close out of the trade.
Unfortunately, closing today will result in a loss of $2.80/contract (initial investment $5.70).
To close the trade, simply buy back $1,350 for $2.50 and sell to close $1.340 for $5.40 (as of 1400 GMT)
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— Edited by Michael McKenna
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