NaughtyPines

Opening (IRA): GDX April 16th 27 Short Put

NaughtyPines Updated   
AMEX:GDX   VanEck Gold Miners ETF
... for a .42/contract credit.

Notes: With 30-day at 44.5%, adding some miners out in the April monthly on this weakness. 1.58% ROC at max as a function of notional risk; 12.82% annualized. As usual, will take profit on approaching worthless or roll out/take assignment and sell call against if in the money toward expiry (whichever pays more credit).
Trade closed manually:
Out today for .12 (71% max) with 35 days to go; .30 ($30) profit per contract. A little bit of bullish movement movement + vol crush (it's dropped from 44.5% to 38.5%).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.