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BpowersCLT
Jun 18, 2019 7:22 PM

$GDXJ Short Strangle Opportunity 

VanEck Junior Gold Miners ETFArca

Description

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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