LOL! There are 240 calls now! Believe it or not, I am tempted to jump back into this POS and short calls again. There is a 100% chance the 180 calls I wrote expire worthless. I knew this would happen. GDX could go up 50% in one month like it did in 2008. The NG bubble is bursting too.
I know I saw that. Looks like the December 240 calls were like $35 yesterday and dropped to 18 today. Man, just shorting 10 of those yesterday would have been good for 17K gain. Huge. For sure the 180 will expire worthless, it could probably hit 50 or 40 by December. Those 240 are looking really nice to me. There is just no way on earth the December 240 should be trading for 18 bucks with that POS at 120. Of course Monday they may go from 18 bucks to 8 bucks and it's too late!