$GDX 20250829 55.0 PUT$ 

GDX: collect $84 (0.5%) premium for these short puts with strikes at $55.

Contract expires next Fri on 29th Aug.

GDX closed Tues trading lower at $56.60.

These sold puts were sold a bit earlier so they are in the loss right now but still haven't hit strike yet. 

Gold price is moving lower to $3315/oz and at the lower bound of the wedge pattern. Either it will rebound higher from here or break down. Will observe and make necessary adjustments to the trades.

Separately sold another trades with same $55 strike expiring on 5th Sep.

GDX PUT
08-19 22:32
US20250829 55.0
SidePrice | FilledRealized P&L
Sell
Open
0.28
3Lot(s)
--
Closed
VanEck Gold Miners ETF
# Trade Feed: Who is your favorite trader?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest