Options activity is picking up in the SPDR Gold Trust (GLD). Shares of the exchange-traded fund, which holds gold stored in bank vaults, are up $1.88 to $96.12 after gold gained $16.30 to $979.50 an ounce. 156K GLD calls and 36K puts traded so far. The top trades of the day appear to reflect a bullish view going forward as well, as one player apparently bought the GLD Dec 120 – 140 call spread, while selling Jul 84 puts. Did it 16500X and paid $1.45 on ISE. Looks opening.