I wouldn’t make a habit out of trade like this, but doing a small amount in a situation like this will likely work out in the short-term.
With an earnings report due the first week of May, this is a big bullish bet.
Shrewd fund managers and traders are using this opportunity while it remains cheap.
Overall, it’s a very safe way to generate income and capital gains.
Profit from one of the unsung stories of the last few months and the resurgence in gold prices.
If you’re the type that believe in tail-risk hedging, this is certainly a cheap way to do so.
Profit over a scenario that has played out quite often in recent years.
If you are fan of using gold as a hedge, this trade is a great way to do so and get paid along the way.
If you’re bullish on Netflix, this is a reasonable idea for a trade if you have a bit more money to spend on premiums.
The employed strategy allows you to take a position without needing nearly the same level of capital outlay (as buying it outright). Less capital also generally means less risk.