In the past two days, we’ve explored why gold has been on such a tear recently. (read Part 1 here and Part 2 here)
From the persistent inflation that’s been eroding purchasing power to the Fed’s aggressive rate hikes, the factors pushing gold higher have been building for over a year.
Add in global uncertainty, and it’s clear that gold’s rally is far from over.
But today, I want to move beyond the “why” and get into the “how.”
Here’s a trade idea I’m considering to capitalize on this ongoing rally:
- Buy a 20 Jun 2025 $30 call on SLV (iShares Silver Trust)
OR - Buy a 20 Jun 2025 $300 call on GLD (SPDR Gold Trust)
Both options are currently priced just above $2.15 and offer almost 300 days to expiration, giving you ample time to ride the wave of this long-term trend.
If you’re confident that gold’s momentum will continue — and I am — then this could be a way to position yourself for significant gains.
As always, all trades carry risk. You should never trade with money you can’t afford to lose.
While I believe gold will continue its rise, no one can guarantee what happens in the future, so bake that into your plans if you decide to take this trade.
— Geof Smith
P.S. Nate Tucci’s Jump Trades aims to capture big options gains from a small move in the stock — perfect for a volatile market!
