Opening: GLD October 16th 2x 369/374/440/450 Iron Condor

Wait 5 sec.

Opening: GLD October 16th 2x 369/374/440/450 Iron CondorSPDR Gold SharesBATS:GLDNaughtyPines... for a 2.74 credit. Comments: Adding out in the October monthly. Primarily in this for its lack of correlation to the broad market. Going double double on the put side to accommodate skew ... . Metrics: Max Profit: 2.74 ($274) Max Loss: 7.16 ($716) ROC at Max: 38.3% ROC at 50% Max: 19.1% ROC at 10% of the width of the widest wing: 14.0% Money, taking, running at 10% of the width of the widest wing rather than farting around waiting for 50% max to come in.