ADJUSTING : SOLD -1 VERTICAL GDXJ 100 18 JUN 21 52/49 PUT @.57

Published Date : 05/25/2021
ADJUSTING : SOLD -1 VERTICAL GDXJ 100 18 JUN 21 52/49 PUT @.57

Here adjusting one of the GDXJ trade. This one is an IB centered at $49.

Adjustment : Rolling up the put from $49 to $52 for additional credit of $0.57. Buying back the $49 put and selling $52 put

The total credit taken is more than $3, so if GDXJ comes down and expire between $49 and $52, we will still be able to exit this for profit.

Still watching the other IB trades that we have on GDXJ

 

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