GLD, the gold ETF: Straddles for gold going up or down

Spot gold is around $1,135, with the very popular GLD ETF at $110.81.

Here are options straddles for GLD for both March and April. These allow investor to profit regardless of direction, as long as GLD moves the indicated amount. These positions are calculated with StraddlesCalc tool.

As always, please do your own due diligence.