$SPDR Gold ETF (GLD.US)$ On September 20, the spot gold pric...

$SPDR Gold ETF (GLD.US)$ On September 20, the spot gold price broke through $2600 for the first time, setting a new historical record.
Bank of America warns that the excitement in the stock market has intensified bubble risks after the Fed's rate cut.
Bank of America believes that bonds and gold are attractive tools to hedge against economic recession or rising inflation.

Trading strategy - GLD (gold ETF), bullish call spread

Buy a Call on October 4 with a strike price of $240, paying a premium of $4.47;
Sell the Call option expiring on October 4 with a strike price of $244, collecting a premium of $2.42.
Maximum profit: $195.
Maximum loss: $205.
Profit range: Stock price above $242.05.