TRADE IDEA: GDX JUNE 17TH 20/27 SHORT STRANGLE

Going where the premium is at ... . I already have a setup in GDX in the same expiry, so I'm layering another on small here ... .

Metrics:

Probability of Profit: 69%
P50: 81%
Max Profit: $93/contract
Max Loss/Buying Power Effect: Undefined/~$236/contract
Delta: =8.29/contract
Theta: 2.98/contract

Comment:

Filled for a $91 credit.

Trade closed manually:

Covered for a $49 debit; net profit @ $42/contract.