GDX: collect 1.1% premium on this short call on GDX with strike at $55
Contract expires in 3 weeks week on 2nd May.
Gold is making all time high, and is up for the 4th day in a row. Took opportunity to short as short term trade and volatility subsided and profit taking might take place.
Set multiple trade and different time frame to spread out the trade risk and potential assignment if any.
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- Aqa·04-15Liked and sharedLikeReport