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How Did @kwboo Achieve Over 2800% Profit Through Gold Trading? $GLD CALL!

@MillionaireTiger
Since the Israeli-Palestinian conflict and in an environment of inflation, gold has become a favored safe-haven asset for investors. Gold-related investment products like $SPDR Gold Shares(GLD)$, $Gold - main 2312(GCmain)$, $GLD SG$(GSD.SI)$ and $GLD US$(O87.SI)$ have all shown similar upward trends. In this relatively certain opportunity, how can you maximize your returns? Let's take a look! Congratulations to @kwboo for achieving an impressive profit of 2,836% by trading options! From the chart above, it's easy to see that the cost of this call option was 0.33, and by October 20, it had risen to 9.70 SGD, resulting in a staggering return of 2836%. In a bullish scenario, how does buying shares differ from using call options, and how does it affect returns? When you buy a call option, you pay a premium to have the right to purchase a stock at a fixed price (strike price) on or before a specific date (expiration date). Investors often buy call options when they are bullish on a stock or other security because it provides leverage. For example, let's say Company A's stock is trading at $50. The one-month at-the-money call option for this stock is priced at $3. Would you rather invest $5,000 to buy 100 shares of Company A's stock or spend $300 (3 USD × 100 shares) to purchase one call option, with returns depending on the stock's closing price one month later? Buying the stock requires a $5,000 investment, but by purchasing a call option, you can control an equivalent number of shares for just $300. Additionally, it's important to note that the breakeven price for stock trading is $50 per share, while for options trading, it's $53 per share (excluding commissions or fees). Although both investments offer unlimited upside potential within the first month after purchase, the potential losses can vary significantly. While the maximum potential loss for the call option is $300, the losses from buying the stock could be the entire initial investment of $5,000 if the stock price plummets to zero. Have you been trading gold? How much more upward potential does gold have? 🎁Rewards: Feel free to share your GOLD positions in the comment section for a chance to win Tiger Coins! If you've achieved profits from other potential stocks we don’t know, kindly share your trading strategies in your post, and remember to include the topic "Winning Trades". Hope you'll be the next one to make it onto the leaderboard~ 🧭 Share positions:
How Did @kwboo Achieve Over 2800% Profit Through Gold Trading? $GLD CALL!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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