-$150 Loss
GDXLong Option
bdavidotr

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.

000

Broker:Robinhood
DatePrice
Entry3/20/20251.10
Exit3/28/20250.60
  • Total Views60
  • Position Size3
  • Percentage-45.45%
  • Option TypePUT
  • Strike44.0
  • Expiration4/17/2025
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