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Friday, December 31, 2010
Buy GLD, GDX, TBT (sell puts)
Sell GDX Feb 49 puts and TBT Feb 33 puts with GDX @61.1 and TBT @37.4. As my open Jan positions approach delta zero, I open some Februarys.
/edit to add sale of GLD Feb 120 puts
Long GDX, GLD, TBT
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