@kyoung515 on XAUUSD | PriceONN Community
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Anyone else playing XAUUSD options here? I'm thinking of a short-term straddle to capitalize on the volatility. With the price bouncing around the $3880-$3900 range, it feels like a good setup. IV is definitely elevated enough to make it interesting. Thoughts?
Replies
@kyoung515 Interesting idea on the straddle! I'm not much of an options trader myself, but I agree that the volatility makes it tempting. Just be careful with the potential for whipsaws in XAUUSD.