#SyntheticShort – This was another one that got run over to the downside. Learning my lesson here…LOL With it starting to bounce a little I’m booking it for a small profit and looking to reset on the next run higher.
Sold to Close NUGT 42 synthetic short and 47 disaster calls
Bought to Close NUGT 20 puts
These were all in the same expiration since I had rolled the short puts out and down after the initial imoplosion (right after setting the trade of course!)
All said and done made 50 cents on a 10 lot but learned a whole lot more! Now I’m a cheerleader….gold to 1500!