$SPDR Gold Shares(GLD.US)

Continuing from my last post, last time SCO$Pro Ultrshrt Crude Oil(SCO.US) saw heavy volume, whether it was funds hedging their short oil positions or simply being bearish, big money thought oil was going down. Later, oil fell.

This time, $DB Gold Double Long ETN(DGP.US) has seen heavy volume, and coupled with gold having fallen for several consecutive days, the outlook for gold later is bullish. If you have a good handle on the market, you could choose GLD's call options. Moreover, every time we approach the option expiration date (like the AGQ Wash crash), there tends to be a phenomenon of sharp price swings, so you could position for that.