After using weekly call premium to buy in some DITM puts I’ve got room to roll down and add a contract to get a better lowering of the strike. Taking advantage of the little pop today.
Rolled Sep 31 and 32 puts to Oct 26 puts at 2/3 ratio getting 1.50 credit. (bought 2 and sold 3). This increases my max loss if NUGT goes to zero tomorrow but I’m planning on buying those 2 extra ones back in at some point. I’ll slightly over write the calls for the next few weeks…