Wednesday, January 18, 2012

Sell GDX (buy puts)

Short GDX via buying Mar 47 puts, GDX @53.1. GDX gold miner ETF has been an anemic performer. I am leaning bearish towards stocks and gold and this is a low percentage bet on a downdraft.

Long AMZN, BRKB, EEM, SPY, TBT
Short GDX
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