NaughtyPines

Opening (Margin): GDXJ December 17th 40/49 Short Strangle

AMEX:GDXJ   VanEck Junior Gold Miners ETF
... for a 1.26 credit.

Comments: The only exchange-traded fund with 30-day implied >35% which I currently don't have a position in. ROC of 26.3% as a function of buying power effect; 13.0% at 50% max.
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