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.**