-$150 Loss
GDXLong Option

On a recommendation that gold was so high it would need to go down especially since it was starting to look like the market might have a small rally. It did go up a little the first day, however, then it went down and I figured I better not wait and hope for these to get back and just cut losses on this before they expire. For some reason I bought 3 b/c I felt confident on this one. Nope. market is going down again and gold is rallying and another 45% loss.
Broker:Robinhood
| Date | Price | |
|---|---|---|
| Entry | 3/20/2025 | 1.10 |
| Exit | 3/28/2025 | 0.60 |
- Total Views60
- Position Size3
- Percentage-45.45%
- Option TypePUT
- Strike44.0
- Expiration4/17/2025
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