Brian Stutland's SPDR Gold Trust (ETF) (GLD) Trade
CNBC Fast Money's Brian Stutland recommended investors to consider an options strategy in SPDR Gold Trust (ETF) (NYSE: GLD).
Brian Stutland wants to sell the October 125 call for $1.75. He added that the break even point for this trade is 126.75, and that is where you get called away from the stock. Brian Stutland still likes owning SPDR Gold Trust (ETF) (GLD), but he doesn't mind to sell the stock at its all time high.
SPDR Gold Trust (ETF) (GLD) gained 0.49% today, and closed at $122.29.
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