user
Terra Incognita
05-08
I opened 1 lot(s) $GDX 20250516 52.0 CALL$  ,

GDX: collect 1.3% premium on this sold call with strike at $52.

Contract expires next Fri on 16th May.

gold price continue to stay elevated. Still betting that $3500 resistance will be a strong one for now until new catalyst or weakness in the market push it above the level.

In the meanwhile, sell new call to capture some premium on the bearish side betting that it will retrace before making the next big move. 

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Comments

  • DeltaDrift
    05-12
    DeltaDrift
    Nice trade for 1.3% premium
  • Aqa
    05-08
    Aqa
    Liked and shared
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