Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[optionslearner]

Average is $2.34


So far I have 4 Equal Buys $2.93...$2.51...$2.03...$1.90....So the average price is $2.34 ....So will see if it goes Lower for 1 More additional Buy or if it goes Higher for Profits....I am trying to develop a JNUG Strategy that is basically averaging down on weakness and selling into strength because of the High Volatility of JNUG!

I prefer the Juniors outright as there are some that have been beaten down to prices that are in my Guesstimate way oversold....2 That I really like are $IAG and $AXU...Both were considerably Higher when GOLD was in the same price range awhile back and Both have implications that lead me to believe they have much Higher prices into 2015 if GOLD gains momentum!!!