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NaughtyPines
Jan 5, 2021 6:00 PM

OPENING (IRA): GDX FEBRUARY 19TH 33 SHORT PUT 

VanEck Gold Miners ETFArca

Description

... for a .42/contract credit.

Notes: I have a smidge of SLV and GLD on, but didn't want to add to my GLD due to its crappy 30-day, and SLV drives me nuts somewhat with its lack of strike to strike granularity, so hitting the miners with a small position with a 30-day at 43.9% and its expiry-specific at 42.7%. 1.29% ROC at max; 10.5% annualized.

Trade closed manually

With 11 days to go, closing here for a .14/contract debit. .28 ($28) profit/contract. Just looking to take off profitable stragglers left in February cycle.
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