AMEX:GDXJ   VANECK VECTORS ETF TRUST JR GOLD MINERS ETF
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Junior Minors have been beat up a bit lately, looking for some sideways action for a bit.

Trade Setup:

-1 GDXJ 29/37/37/45 Iron Fly (Synthetic Straddle) @ $4.34

DTE: 51
Max Win: $434
Max Loss: $366
Break evens: 32.68 & 41.34

Trade Management: 25% or ~$108 on the trade for profit management. I will look to take this as a full loser if we get some whipsaw, but I can always roll the ITM or tested side to reduce the loss near expiration.


Green zone is profit; Vertical black bar is expiration.
Trade closed: target reached: Closed this trade at $3.24 today; $110 profit/contract
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