Today will be interesting. May be like 🏄. Make it in both directions.
Interesting morning. I flipped from call position yesterday to puts a little after the close. Currently, I'm sitting on 73 June 2nd NUGT 34P @ $1.12. I'm thinking of holding the position until about 2pm depending upon where I am. I'm a bit concerned about NUGT rising into the close due to people wanting a more risk off position for the long weekend. I ideally I'd like to double my money by then, sell half and then let the house money ride over the weekend. Wishful thinking, I know. LOL GL
hold on NUGT is heading back to 37to 39.calls looking good ..see you at the top....
45 is my target so far away....
Gold is up today and NUGT is down. Any thoughts from the longs ?
NUGT is consolidating. It will be back to $40-$44 range this month.
Looking for another Friday pop above 36, even though it's a long weekend.
I only need like a 15% move upward to cover my calls 🙏
This stock sucks
After hour hit $36.96. Will hit $45 Tuesday?
Perhaps a short-term pull back is more likely before the next rally on NUGT? Ive been struggling with this stock lately. Some of my other trades have been from awesomeS-TOCKS which are working out pretty well.
NUGT does not correlate with gold going up. However it does correlate going down. Look at the price drop.
Justa guess on my part, but I'm expecting a gold slam down back to $1250 at any time. 70 June 2nd NUGT 35P just in case.
Come on now. Break some ground. Get daddy into that nice 7-8% range
It is actually time to hold on to NUGT. Gold is going up while stocks are going up. Something has changed.