I closed $GDX 20240322 25.5 PU

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I closed $GDX 20240322 25.5 PUT$ ,GDX: collected 2.45% premium for these cash secured puts over a period of 14 days as gold prices continue to move upward. Currently gold and also GDX charts are hitting into bunch of resistance zones and might reverse. As the risk to reward was less favorable, decided to close those contracts about 16 days ahead of expiry and still collect 80% of max premium. Will monitor how the gold prices reacts in coming days to decide whether to unload more gold holdings or to add more if it corrects downwards.

GDX PUT

03-06 01:01

US20240322 25.5

Side	Price	Realized P&L
Buy Close	0.08	+80.75% Closed

VanEck Gold Miners ETF

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KSR
·03-07
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