03/29 GLD Calendar

Trading the Plan:
I've added a 94 Calendar when GLD went above 93. Still in the profit range and time decay will pick up these next weeks.

Probabilities:
With 14 days to go, there is 56% historical probability of expiring in the money, TOS gives me 49% implied probability of expiring profitable. Even though I'm not looking to hold this position till expiration, this gives me some perspective.

Volatility and Dashboard:

We are yielding profits on the trade, shoul GLD stand still next week the trade will get much closer to target.

Contingent orders:

I've protective orders to close the trade at stop loss.