$GDX 20250425 53.0 CALL$ 

GDX: collect 0.85% premium on this short call with strike at $53.

Contract expires this Fri on 25th April. 

Continue to add multiple short positions on various strike and time frames on gold as it reached $3500/oz and I think it might have reached a temporary top that favours a short term pull back. 

Speculative trade so am ready to be wrong and call it a day. 

So far trade has been profitable. 

GDX CALL
04-22 22:22
US20250425 53.0
SidePrice | FilledRealized P&L
Sell
Open
0.46
1Lot(s)
--
Closed
VanEck Gold Miners ETF
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  • AL_Ishan
    ·04-23
    TOP
    How do you manage your risk? Stop loss on a Short call position?
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    • Terra_Incognita
      There is a mental stop loss, but not hard keyed into the trade setup as options tend to go wobbly in pricing spread.
      04-24
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  • tothehill
    ·04-23
    TOP
    Love your strategy and insights! [Heart]
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  • KL8388
    ·04-23
    K
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