#LongPuts #LEAPS – I tried this with NUGT a long time ago and it didn’t work since I didn’t ratio the position. NUGT was pushing 60 at the time…right idea and wrong execution. I’ll try not to make that mistake here. Sticking with a 3×2 from the beginning since this thing can implode quickly.

Bought to Open DUST JAN 17 2020 40.0 Puts @ 14.50

Sold DUST AUG 24 2018 40.0 Puts @ 1.64