BpowersCLT

$GDXJ Short Strangle Opportunity

AMEX:GDXJ   VanEck Junior Gold Miners ETF
Implied Volatility remains high in gold and gold miners stocks. The opportunity to sell option premium is still here with great risk/reward. Check out the breakeven range on the AUG-2 29/34.5 strangle. BIG RANGE! And as IV inevitably comes down, that range becomes less and less likely to be broken.

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