Option Iceman 8:09 am on Tuesday, March 15, 2016
Tags: ShortPuts ( 4,763 )

$NUGT #ShortPuts – Sold NUGT…

$NUGT #ShortPuts – Sold NUGT Apr 15 2016 30.0 Puts @ 0.95

vxxkelly 11:22 am on Tuesday, March 15, 2016

Very good fill. I’ve been trying to keep my put sales 3 weeks out or less just in case this thing really gets crushed. We’ve seen how fast it can move in both directions. $20 moves in 2 to 3 days have happened several times lately. So far it keeps bouncing off the $52 area. With the ECB, BOJ and soon the Fed behind us, it just seems like this could be primed for a move lower. Gold has been showing weakness, eventually that will flow through to the miners.