STO Sept 2 $27 calls @ $0.35

Looking for some additional short term entries. I think there is a lot of resistance to chew through between $22 and $27. Will roll up if needed. Not sure yet if I will pair these off with short puts or not. If $NUGT starts to firm up, I might, otherwise I’m sticking with short calls. I don’t know if $NUGT has a further big short term drop coming as it already has had a sizable one. I just don’t know what the catalyst is for a move much higher. Wednesdays sell off was on very high volume. Thursday’s bounce was on barely average volume and today looks to be another big red high volume candle. So people were selling into strength. If gold drops below $1320’ish, then I think we are looking at another leg lower in the miners.