$GDX 20240628 36.5 CALL$ I created a strangle for gold miners between 31.5 and 36.50 but decided to take profit on the call leg as I wanted to move the call leg down to collect even more premium as the date of expiry is closer. I used to buy gld but the profit is so slow, so I start selling strangle for gdx. It is a easy money but bear in mind this etf option spread is wide and volume is low. But because it mostly end up with profit due to it low volatility, so I don't mind trading. Small money also can buy grocery.
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- JesseBerkeley·06-17Awesome moveLikeReport