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Friday, April 12, 2024 9:43:24 AM
By: Markets & Mayhem | April 12, 2024
• Some trading desk ran another big bullish vertical call spread on gold, targeting $2,900 by the December '24 expiry.
Opening it by buying 3,350 $2,900 strike calls and selling 3,350 $3,000 strike calls for a debit of $5.40 (x 100) per contract.
A cozy little $1.8M bet.
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