All of my nuggets were in this week and tiny positions…(stay small!)
Bought to Close NUGT JUL 1 2016 117.0 Puts @ .05 (sold for 8.40 after multiple roll ups)
This left me with short 105 and 115 calls for today.
Rolled the 115’s to August 160/90 strangles for .50 debit
Rolled the 105’s to Sept 160/90 strangles for .06 debit
Paid for the debit rolls with a quick scalp of this week’s 138 puts right at the open. A quick in and out for 30 cents on a few contracts…
Now will be looking to sell some weekly shorter term puts on any weakness to stay fairly delta neutral. Current position short 71 deltas and would become long at 104 so there is some room for some sales on the put side for now…