Reddit Posts
AYA Gold & Silver. Exotic SilverSqueeze play. 40% of the float is locked up by insiders and institutions.
Thoughts on gold and silver as a trade
A mid-Month Review: Technical Snapshots & Trade Journal so far for August 2023
GLD Trade Analysis: Are You Too Dumb To Predict Stock Prices? Me Too.
Loss Porn For All the Regards (#WeWillMakeIt)
Gold and Gold Miners are about to RIP FACES!
2023-03-27 Wrinkle Brain Plays - In the style of Hermione Granger
Precious metals miners on the move as gold touches $2,000 (NYSEARCA:GDX)
2023-03-08 Wrinkle-brain Plays (Mathematically derived options plays)
2023-03-02 Wrinkle-brain Plays (Mathematically derived options plays)
Down ~ 70k buying call options on $AG $GDX $HL and $GOLD 23 y/o
A Look At The Best & Worst From February 23 Expiration
🚨BOOMER ZONE🚨 GRAND DADDY’S ADVICE
2023-02-17 Wrinkle-brain Plays (Mathematically derived options plays)
MAJOR BULL RUN!!!: GDXU, JNUG, GDX and gold mining stocks!!!!!!
GDXU, JNUG, GDX and GOLD are still on fire and leading the market!! I'm up 95% in 3 months
The progress on inflation using pairs trades
2022-11-07 Wrinkle-brain Plays (Mathematically derived options plays)
2022-10-27 Better Tasting Crayons (Mathematically derived options plays)
2022-10-24 Better Tasting Crayons (Mathematically derived options plays)
2022-10-10 Better Tasting Crayons (Mathematically derived options plays)
Non-Boomer Portfolio Management for The Highly Regarded
Now is time to get some mining stocks and cost average down if the market tanks. Already historically low and if we do have recession/depression gold and silver historically do well. Mining stocks could 10x easy if their is a breakout in PM prices which seems to be a likely scenario
Are delta hedged short straddles on 3x ETFs more risky than on 1X ETFs?
Unsolicited Technicals post FOMC Update
Gold Is Holding Up as Stocks, Bonds, and Crypto Plunge $GLD, $GDX, $GOLD
Silver and Gold are signaling a new weekly cycle
DD Upside Call on $AU Anglogold Ashanti prior to earnings
Gold, Silver, Copper, Oil and Uranium sector and their values today
Interest rates, inflation, and where that leaves Gold and the markets.
Silver Miners still lagging the massive gains in gold & silver
$500 ~ $4800 playing AG, GDX, and GOLD
An epic Gold move has begun $GDX $GDXJ $NUGT. Today is day 1. Please hold on to the bar
Precious Metal Miners all trending lower
Discussion on precious metals - pros and cons of precious metal stocks, ETFs, and physical holdings
Bought $GDX 32 long October calls
Trying to Build Small Account With Options.
Deeper Dive into $KGC - The Canary in the Gold Mine
Waiting for the Glass Ceiling to Break
Now is not the time to be long... remember the market moves in cycles
Are we starring at another Black Swan ?
$GDX currently at the 0.618 Fibonacci retracement level in its bat harmonic. ______________________________________ // Tags: $SPX $SPY $ES $NDX $QQQ $NQ $DJI $VIX $GLD $SLV //
04/01 i said i was going to work on GDX with a proprietary options technique to “flatten the ladder”— if you held bull spreads, you’re welcome.
Gold and Silver pennystocks — 100 baggers, and the train is departing the station.
Mentions
“Solid breakdown — central bank demand and falling real yields definitely make gold miners more appealing this cycle. Love the mix of GDX/GDXJ and low-cost individual names for leverage play. Fingers crossed the thesis plays out!”
You're welcome, and I'm glad you're trying it! I've been loving XBI since 10/22, and added XLV and XPH more recently because they screened in for 2 ETFs I was cutting. I AM very concentrated in that area though, aren't I? But I don't look for ETFs that I *think* might do well; I simply find the ones that *are* doing well. Have you seen [how I screen on Barchart](https://imgur.com/a/etf-screening-on-barchart-G2Q5UWp)? You might need to pay for Barchart Plus to be able to do some of the steps, but the Flipcharts feature is more than worth it to me. But however you screen, **look at charts**, and look for *smoooooth*. I'll pick an ETF that's doing 'just' 2% a month over one that's doing 10% if it's a smoother ride. Because I know I can leverage that to something like 6%/month, and that's enough for anybody. And I don't have to worry too much about buying in on the wrong day and it tanks a day or three after. Because that hurts when you're buying LEAPS Calls. I just screened again, 3-month performance, Has Options, Volume >700k, then looking at 6-month charts: **XBI** was #1. That thing is up 53% over 6 months. Buy the 90-delta Call at 388DTE and you're getting 3.1x leverage after adjusting for Delta. That's huge. Silver and its miners, plus the gold miners GDX & GDXJ were next, and they're making me think it might be time for me to get back into precious metals. **IBB** was next, but of course it's another biotech. Still, 40% over 6 months, and look how smooth. Then **GLD** and other gold ETFs. Gold had a great runup since late 2023, and I caught some of it this year, but gave some of it back too after the peak on 10/20. I'll probably get back in if/when gold clears 4,200. Take care, Mike
I agree that gold is the move. However GLD is just fine if you don't plan to hold long term. Otherwise GDX is a good alternative. I like options so these ETFs are preferred
I’ll be doing what I always do, sticking to large cap US growth stocks. I dabble in single company stocks in my trading account and keep the majority of my holdings in S&P 500 and QQQ with some financials and energy etfs and stocks to spread risk. Plus, I use gold miners (GDX) as part of my portfolio as ballast. If the market tanks, I’ll sell some of my unleveraged etfs and buy leveraged etfs to ride the market back up
Long mainly in gold and tech stocks. Will DCA in both. Option trades (bullish, bearish) on opportunities as they arise e.g. short calls on IBIT (bitcoin), short puts on GDX (gold miners) and so on.
Surprisingly, my intl large cap value (LVHI) & intl corporate bond (IBND) etfs are green today, probably due to declining DXY. Gold miner (GDX & GDXU) etfs were red today but they've been REALLY green for the past week & due for a pullback. Unsurprisingly, 3xshorts (SOXS, SQQQ & SPXS) were very green today & for the past 2 weeks.
Awesome. NEM is like 10% of GDX and I just prefer to hold it through the sector etf. GDX LEAPs are so thinly traded that some of my positions don't see a trade for a week LOL. Clearly not too many people are paying attention yet.
Congrats GDX and GDXJ dip buyers God damn
GDX my beloved, rise you beautiful bastard, RISE!
These are all just essentially precious metals plays. If someone wants exposure without the risk that comes from options, you can looks into SLV (silver) and GDX (gold and broader exposure to gold related industries) If someone wants exposure with the risk that does come with options, best of luck.
Gold miners don't care about none of this. GDX just taking in the sights.
When gold is just chopping at 4k like this and GDX which is usually skittish as fuck is mooning? Yeah this means gold will probably hold 4k
Loading up on GDX calls at Monday's close has made my month. Trimming some now to lock in $75k.
Wow GDX traders not being a Lil bitch for once
GDX my beloved will rise again
Gold is only down coz regards getting margin called on their gold when mag7 takes a hit, after this watch gold and GDX moon soon after if QQQ doesn't recover
GDX, it tends to lag the spot gold price a lot due to skittishness. Just compare both the charts, for the longest time gold ming traders and investors were not confident gold will stay up chance GDX was flat as fuck even though gold was mooning. GDX is still very lagging and in catch up mode despite being up a lot this year.
GDX or GLD? how does the price of GDX correlate to the 3.5-3.7k figure?
GDX traders I kinda retarded, skittish af lol
rip to all my GDX and GDXJ calls that expired worthless today. fuck you argentina
Just sold all GLD and GDX, so expect a massive bullrun
Never thought GLD and GDX would be saving my port from META but here we are
You need to be in the gold and silver mining stocks..if you are risk averse.. NEM B GDX…more risky higher returns(your young you should do this) GDXJ SILJ AG CDE HL MTA IAG…just dollar cost average buy dips over the next 5 years and you will do very well…god bless…make sure to get some physical too(I think you can wait a bit for this)
GDX has 0.4% of Nuhvidyah's market cap and some of you have the nerve to call GOLD a bubble lmao
Rates get cut, theoretically, gold goes up...I am expecting GDX, GDXJ and GOLD/SILVER to do fairly well after 2pm
??? GDX is right there lol
Gold and silver, particularly miners (GDX up over 100% YTD) , are beating the Mag 7 hands down. Look toward commodities for the next decade, starting with precious metals, for defendable value oriented gains. Just sayin.
GDX up 2% today - have profits been taken and its on the way up? or is this the last gasps before going down/stabilising
You clearly don’t know what you’re doing. Take 75% and buy the S&P index. Buy 10% GDX or gold in some way. Leave those like this forever, until you retire. And try again to “trade” with the last 15%, after you read a lot of books, watched many YouTube vids and hopefully learned from your mistakes. BTW rare earth and gold are back up now and possibly will be in the future, you were too impatient (don’t blame you in this market).
GDX is up just over 100% YTD. With gold prices leveling out a bit lower than ATH, investors figure it's time to take some profit.
GDX has been a beast today. GDXU printing.
Ay, I didn't jinx it, WSB regards did lol, now that they are doom and gloom on gold and ram back to equities, GDX can magically bounce again, like clockwork
Oohhh GDX bounce, bottom in?
If you are nervous, you need more cash and more gold. GLD is gold, GDX is gold miners.
Ai powered gold mining, GDX to 500k https://preview.redd.it/pd3tms6x4pxf1.jpeg?width=320&format=pjpg&auto=webp&s=bc2c77ea26417c3b069bdcb4818c73c7649a7427
GDX making me edge, don't tempt me with a good full port right here
GDX down 20% from the top lets see them bags lmaooooo
I’m on the GDX train. Working the covered calls route with that.
HAHHAHA you got me, bruh! I definitely switched to bull side by early June and started SPX credit spreads a while after. The play that did stay consistent from the time of that previous post is gold miners. GDX. Have cleaned up on that this year. Congrats, if you've made bucks. Here's to being wrong (though the year aint over YET!). Happy Trading.
i was stopped out on my GDX position on that drop the day before, but it looks to me it’s a buyable dip in miners.
Yep. I made good $ on it up until then but yeah the headlines, subs and tariffs have been a bitch when it comes to investing. I invested in GDXU LETF which is x3 the movements of GDX
There's a strong chance that gold is going back up next week. I'm going GDX 80c 11/14. Super cheap right now.
I'm still up 15% in GLD and 8% in GDX, do I sell all now and take profit or ride out long term?
yesterday's sketchy option flow on GDX and GLD from the get-go spooked me out of my positions. Took profits and went cash, looking to get back in today.
Picked up some GDX LEAPs to add to my stack. If NEM flies, it will pull the sector up.
I know this gold rally has legs because the WSB meta is still GLD. Wake me up when yall are on GDXJ again. Shit yall ain't even buying regular old GDX yet
I picked up some fairly cheap 80C on GDX for 11/14. Gold isn't doing well right now but that hasn't lasted for long all year. If it even gets close to 80 within the next couple of weeks I think its a pretty decent play.
GDX and SIL buyers appear to be crawling out of the rubble at ground zero
Oh, I don't literally buy gold/gold stocks. Gold is dead, it produces nothing, I don't want any. It's the miners who dipped hard, and their price action roughly tracks gold's movement - I bought the dip in GDX. I still say there's good reason for gold to go up and not much reason for it to go down. Sub-3800? We'll see.
My quantum puts hedging my GDX dump
Who’s going in on GDX right here
I have an insane amount of GDX LEAPs and NEM is like 10% of it.
whoever is short on gold and miners will lose it all plowing into GDX
Alright I finally sold most of my GLD and GDX, so the bottom is in. Calls from here I guess. Sad day
GLD and GDX recover today or am I getting fisted a second day in a row
Will GLD and GDX recover today or am I getting fisted a second day in a row
I feel you - I've got a couple LEAPS on SILJ and GDX.
The best gold miners set themselves up to have costs per ounce of $1600-1800, and that was assuming $65 oil. They can operate profitably with $2000 gold. $2400 gold is a bonus. $3000 gold was windfall. $4000 was insane excess profit. So should gold dropping from $4400 to $4200 take 10% off GDX?
look at GDX going right back up after being manipulated like that all day. I hope MMs enjoy their lobster tonight, my port paid for it
https://preview.redd.it/6sevenz80jwf1.jpeg?width=370&format=pjpg&auto=webp&s=0bf4925d7b02303ece300982a3f0b85c2e8e7fd1 GLD and GDX touched me innaproproately
Not really because I don't have a long put in the position. It's basically a covered call paired with an OTM call. I get to keep the option income, get a fair bit of the upside and minimize downside when stock tanks. GDX is too volatile to hold unhedged.
This was my thought....been holding GDX and GDXJ for a while...also GOLD and SILVER since Houdini took office....today is just shitty seeing a bunch of money evaporate
I have been buying back my GDX position literally every month this year after being assigned. This is probably the first month my covered call strategy will be justified and I won't be called away :). A combination of aggressive covered calls paired with out of the money long calls on the same stock worked well for me.
My GDX and SLV LEAPs are fucked today - too scared to look. But hello GDX covered calls - the sweet thetagang life is for days like these.
I picked up some GDX for long-term hold.
I netted a ten bagger on my GDX puts last week, and then again today. I'm now going long.
Today is when you start picking up GDX calls for November. Once miners start reporting earnings in two weeks, GDX is going to go bananas.
Dude, tell me about it. I said earlier, don't think I remember when GDX or GDXJ tanked this bad, on basically profit taking.
GDX -10% is fucking nutty. clown world
sorry guys i bought GDX calls yesterday mb mb
think I gotta take profits on my GDX and GLD puts here, and flip long at this point...
I don't think I have seen GDX or GDXJ fall this much, on ZERO news....like precious metals are just tanking for no apparent reason. Suspect
I buy gold and silver miners because they are one of the few under priced companies, cash strong, low p/E and they get clobbered past two weeks. Meanwhile nuclear companies with 0$ and Dunder Mifflin headquarters are worth more than the ENTIRE GDX MINERS ETF WHAT THE FUCK
What a great month for GDX puts, just printing money every week.
But OTM Calls are more 'expensive' when the stock goes against you. If you want a lower entry point, IAU costs only 20% as much as GLD. Same for the miners, GDX. And the junior miners, GDXJ, are 25% of the cost. Or try my favorite for some months now, SILJ, at only 25.54 tonight. But please, always [buy at 80-delta or higher.](https://www.google.com/search?q=what+delta+should+you+buy+LEAPS+Calls+at&rlz=1C1RXQR_enUS1137US1137&oq=what+del&gs_lcrp=EgZjaHJvbWUqCAgAEEUYJxg7MggIABBFGCcYOzIGCAEQRRg5MggIAhBFGCcYOzIHCAMQABiABDIHCAQQABiABDIHCAUQABiABDIHCAYQABiABDIHCAcQABiABDIHCAgQABiABDIHCAkQABiABNIBCDE3ODhqMGo3qAIIsAIB8QVSnayMn4eIhw&sourceid=chrome&ie=UTF-8)
Hi, I'm not an 'expert,' but probably 80% of our 125k investible assets are in gold and silver, mostly gold. I prefer ETFs over individual stocks, with their "single issue risks," so I charted NEM against GLD and the miners GDX/GDXJ. I wanted to see how much performance you'd have to give up to go from NEM to one of those. Turns out, [not a lot](https://imgur.com/a/JVBfpzg). Now, I have to admit that NEMs trajectory is quite smooth for a single company, and it tracks the miner ETFs quite closely, or vice versa. I checked ETFdb to see which of those held NEM, and how much: it's GDX, at 7%. In that list I saw that RING has 15% of NEM. And when I plotted it with the others, it's doing a bit better than GDX, about 4% over those 6 months. I bring that up just in case I can get you to do an ETF instead of the stock, then with RING you'd have twice the exposure to NEM than with GDX. And fwiw, I play all my ETFs with 1-year, 80-delta Calls. When they appreciate, I take profit out of them by rolling UP (back to 80-delta) and using the cash to buy 100-120DTE 80-delta Calls. It's been phenomenal. A lot of [this return ](https://imgur.com/a/schwab-account-statement-11oct25-BLwTnhq)is driven by SILJ though, which beats even NEM on the 6m & 3m. Cheers!
GDX 85c 10/31 thank me later
You guys should buy gold miners. Gold miners (GDX) are under valued relative to gold. A bit of math: the all in sustainable cost (AISC) is around $1500. When gold was at $2k and miners making $500 per ounce, GDX was at $30. With gold at $4k+ miners make $2500+ per ounce so their earnings went up 5x meaning GDX should trade at 150+
Put call ratio is insanely bullish I think they’re gonna keep it suppressed until all those options expire worthless Gold up 3.65% today and miners barely moved Guarantee if GLD falls 1-2% later in the week GDX drops 5%+
GDX 85c 10/31 what we thinking lads
Lolz. Bought some GDX calls late Friday & sold them for 20% profit today.
Insane manipulation on GDX Way too many calls vs puts
I dunno everything is valued so high already I'd be hesitant going in heavy to schg. If I were her I'd get into GDX, lots of dividend paying companies that are more growth oriented, cash strong and tons of upside left
Well I’ve got B NEM CDE PAAS SIL SILJ GDX GDXJ. I’m assuming AG is in there somehow. 😆 Yeah I’m an idiot for doing that.
Load up on GDX.. gold mining earnings this week
GLD or GDX....by the way gold will continue to climb for the next 12-18 months and when Trump is on his way out then I think you will see your dip. Until then I am a buyer!
Gold out performs silver. It also out performed mining stocks like GDX. Your supposed to just hold it for life as an emergency incase issue with currency happen
The failing fiat currency only is screaming buy hard assets. So gold/silver and their mining stocks, timber REITs, oil stocks, income producing real estate...... I am sitting on about 5% physical gold/silver, a good chunk of GDX, NEM AEM B and lots of CVX XOM BP
I got assigned after GDX went down several dollars, but my account went up in value.
I'm doing GDX mining etf and it's like 0.5% expense ratio. It's going up and down. Dollar and treasuries went up a little today, so it went down. But i feel like every time the economy bounces back a bit the great pumpkin threatens more tariffs and rips it down again.
Start with ETFS think long term And buy thing that have an up only chart GDX QTUM BTC SOXX BKCH BTC Buy these 1$ daily for a week to get an avg price Use fear and greed index It tells you wen to buy and sell You buy in fear and accumulate a position And stocks like WMT SPMO PG for the contractions and trough phase of the business cycle