#GOLD $DXY $UUP $NUGT
Looks like even though the dollar is pretty weak today, Gold is hanging in there, but really not catching a bid. Maybe the gold buyers have exhausted themselves.

The past month or so, I’ve had a lot of $NUGT positions on, as positions expired, I entered new one’s. At this point, I’m really not inclined to add any more positions, I plan to work off the existing positions that I have unless $NUGT shows some strength. Just not enough premium in the upside calls right now to make the risk/reward worth it. Since we’ve all seen $NUGT move $15 in a day multiple times I don’t want to sell any calls below $70, and they just aren’t worth anything. If the #Gold/$XME move is over, then selling additional puts right now doesn’t really appeal to me either since this thing could drop like a stone.