$DUST #ShortPuts #OptionLadder – DUST falls, NUGT rises. My NUGT stock position is now above the strike 14 covered calls I sold last Friday and my NUGT 12, 12.5 and 13.5 short Puts for this week are out of the money.
I like where it’s sitting now so I sold the following for Friday’s expiration.
Sold DUST Oct 21 2016 35.0 Puts @ 0.40 adding to my position
Sold DUST Oct 21 2016 34.0 Puts @ 0.25
Sold DUST Oct 21 2016 33.5 Puts @ 0.20
Sold DUST Oct 21 2016 33.0 Puts @ 0.20