#ContangoETFs I don’t want to get caught deeply OTM that really hammered me in 2016 with NUGT’s 100-point run higher. So I’m rolling strikes that get breached. For today, closed them on the pullback and will consider how to roll in coming days.
BTC $NUGT Sep 20th 35 calls for 5.00. Sold for 2.06 on Jan 31st.
BTC $NUGT Dec 20th 35 calls for 7.35. Sold for 2.95 on June 20th.