GDX: collect $100 (0.8%) premium from these short calls with strike at $60
Contract expires this Fri on 15th Aug.
GDX had broken out of channel above $55 last week and on its bullish run. It however hit the next level resistance at $58 formed from the high points pivots and rejected last Fri 8th Aug.
Took the chance to setup short at higher $60 strike as well to test the resistance level and if GDX will consolidate again or breakout further.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.50 2Lot(s) | -- Closed |
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- cheezzy·2025-08-18Sounds like a solid strategyLikeReport