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Synthetic SPY/GLD Option - How to build it?
Quote from ForexForex:
But at the end of the day it's all in USD.
- The account is funded in USD.
- Account value is in USD.
- Withdraws are in USD.
So what, you will get the appreciation of SPX paid out in appreciated GLD. The only way you could get scrwed is if USD is not a currency by that time.
