Sell XME (cover short puts)

I cover my short XME Apr 59 puts for a huge percentage loss, XME @67.0. My timing was close to the worst possible, resulting in a 180% loss on the notional value, holding for a week. I am taking my lumps and moving on. This was a “throw in trade” to me, hedging my other positions. Yeah, I was "thrown in" all right, thrown into the frying pan. Thankfully, the dollar amounts are small.

Long GDX, GLD, SPY, TBT