The other option thread inspired me to get some help on a strategy i had thought of to trade options.
My hypothesis goes something like this:
My analysis tells me that GC 12-15 could be above 1100, or below 1100, but i'm almost positive that it won't be at 1100, anytime within the next 3 months.
My limited knowledge of options leads me to think this may involve some kind of a straddle, but how do i pick the best options to trade?
Let me say i am deeply appreciative of all help here. I've been meaning to learn options but I've always had heaps of questions....So thanks in advance to all the option gurus here.