I was looking at liquidity for October, it was actually quite a bit better for December so I decided I'll go with a December (monthly) $26 call position.
I do like NUGT long as well, this is 3x leverage and if there's a longer trend in GDX, I prefer NUGT to capture more of that trend, especially if I need GDX as a hedge against another position as NUGT will be a longer lasting position than GDX (at least the way I use options).
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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