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'Anyone Not Buying Gold Hates Money': WSB Trader Turns $4 GLD Options Into $51K as 'Shiny Rocks' Bet Pays Off
Yahoo Finance· 2026-02-25 22:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A WallStreetBets trader drew attention after posting a screenshot showing a massive win on gold-linked options, turning low-cost calls on the SPDR Gold Shares ETF (NYSE:GLD) into more than $51,000. The position, which the trader called "Getting My Shiny Rocks Off," shows 40 call contracts purchased at an average cost of $4.01 and later valued at $13.51, producing a gain of more than $35,000, or roughly 220 ...