GDX bullish to neutral as its getting a bit frothy
Playing this one a bit to the neutral side .
Looking to SELL CALLs over 38
SELL PUTS under 32
I’m bullish on the miners, but expect a pullback and selling strangles will give me some wiggle room for a pullback .
Most likely land in July to grab more premium .
Looking to SELL CALLs over 38
SELL PUTS under 32
I’m bullish on the miners, but expect a pullback and selling strangles will give me some wiggle room for a pullback .
Most likely land in July to grab more premium .