Saturday, December 14, 2013

KDK Fund Weekly Update (IAU trade, and more)

- The IAU December $12.00 trade still continues into next week. The current price of the options is $0.10. The projection for the price of the option is still $1.00. IAU is currently priced at $12.01. IAU moved  $   for the week.

        - IAU is butting down against support.
        - The Federal Reserve meets on Tuesday and Wednesday that should have a significant impact
        - End of year tax selling should be occurring with Gold ETF's like IAU
        - Time Value still high on the option

** This blog is just information and opinion regarding a particular fund. It is not to be taken as a recommendation to buy or sell any security. Do your own due diligence before trading or investing.**

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