GDX: collected premiums in full when these sold calls expired worthless on 3rd July.
Still ranged bound between $50 to $55 for last week and these strike was not threatened.
Gold prices consolidated and weaknen slightly when the stock market is making all time highs.
Still, it didn't break down to lower level indicating still strong demand to the upside.
Will continue to monitor and use GDX as proxy for gold trades and also hedge my long portfolio with some short gold positions.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 2Lot(s) | +100.00% Closed |
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.
- AL_Ishan·2025-07-07The $50-$55 range held up well despite gold's slight pullbackLikeReport
- OYoung·2025-07-07Interesting strategyLikeReport