that was congress okaying strike in Syria

TRUTH is if your not daytrading NUGT you will most likely see money ticking away from you. 100s last week, below 70 shortly.

did you sell this am ?

im going to treat nugt like I treat UVXY short the pops daily and definitely at resistance NUGT was 100 last week right? touching mid 70s this week

NUGT is a drunk person trying to walk a straight line, here and there but usually ends up on the floor

out 79.50

shorting nugt 82.03 490 shares

I have no idea why you would not be supportive of me significantly lowering my average in DUST to the point I can sell september calls and either make a profit on the position at expiration or realize gains by premiums paid to me if they are not called away.

ON NUGT short Etrade had me sign an electronic waiver that stated these are hard to short units and I would be required to cover or pay interest if decided by broker. I cleared over $ 1k so mickey mouse I guess I am

your over 20% down from this post and 25% the one before saying "all in"
for 20k
so you got stopped out way before you going to 120 post?

Kinda scary some posts are turning into penny stock posts.

lol sure, too bad your posts indicate otherwise

out short at $75.56

lol hows the 25% haircut on nugt ? good thing you only put 20k on it

shorted only 300 available at 77.01

covered at 74.56

just shorted 1000 shares nugt at 75.86

good to hear stingray I purchased 10 sept $98 svxy calls looking for more here this am.

broke 28 if doesnt bounce back could see $27 or below today

If GDX doesnt hold 28 Kuddos on recognizing this is a vehicle. I am never scared to switch sides but nugt is 7.7 with gold above 1400. I dont want anything to do with this at the moment I will buy a few calls or sell some puts on big down days then sell calls on those shares if they are put to me. meanwhile I may start scaling into selling calls on my dust shares.

good few days here I have lots of dust may start selling some calls to assure profits

ok now your -20% are you going to average down? sell calls? sell puts? buy dust to hedge? or stop out for a loss?

I really do not think this is the bottom for the miners

wow so far your morning call is money

thanks for the post what are you basing your prediction on? whats your target?

oh so by the time of your post you got in while nugt was up ~ 2% so your down $3500-$4000 or so what are you doing to do sell calls or wait

no noah has been in nugt pre april split

is all in to you 2k 20k or 100k?

lol when i saw his post I knew it was close to a top
its gone down since his all in post

also got some svxy $98 calls for 6.2

selling uvxy calls today

if runs at open I may buy calls then sell to close then sell again

thank you I will, we lost one during birth last year

Honestly I have lost a fair amount of sleep over dust/nugt but the financial reward is one I cannot complain of. I think there is an outside chance I replicate my yearly salary this year in dust/nugt.

bought 400 here @ 25.07 almost bout 1000 but unsure so now I am at $34 average I have 2300 or 2400 last few days are a blur... such is life

great news though We have a new baby boy in our family!

how does it feel to have over 1k shares of dust right now? Not great but i will sell puts on moves and also buy NUGT calls as a hedge on and gdx upswing

nice chart, I noticed flat to slight rise in gold friday and gdx diverged(from recent weeks) selling off or as bulls would say "healthy pullback" or "profit taking"

I am well aware of what drives gdx, that said thanks for taking the time to post.

I am merely stating that with debt and sustained profitability in question and gold lower than it was 6 months ago why are the miners all the sudden a good buy?

i wont fight the trend and if it looks like gdx will run i will get nugt calls but on the way down from 1600 miners had too much debt were not profitable but now at 1376 all the problems go away?

maybe i am not thinking straight but I am not going to take the loss yet, sold 2 aug $44 strikes for $700 trying to get average near 60

my $72 puts sold for (2)$500 and (2)$1070 so eventhough I say I will have 72 average my actual ownership is more like $65-66

will have to put pen to paper but I am looking at 20k total down on paper luckily I have powder to lower average (i cant be too upset as I have profited over 20k this year on dust)

not a good week for me, I will have to do some serious trading in the coming months to avoid this 20k haircut that will be put to me by saturday

yeah if gold is running i will buy calls and wait a bit till the dust clears to add but seems like decent resistance for gold at 1365

i will probably just by nugt calls to hedge,i am too stubborn to take a huge loss in DUST so will sell puts on dips and sell calls on spikes