Trade Alert: Long TLT GDX and Short EEM

Trade Update: Make no changes we remain long TLT and GDX “naked”, short EEM with inverted option collar and currently in a tight bullish SPY option collar. Trading is risky, see below for full disclaimer.

Position Update

  • Our “naked” long TLT position traded from $143.88 to $145.20 for gain of +$1.32/share on 3800 shares or an open profit of $5,016 in 4 trading days. 
  • Our “naked” long GDX position traded from $29.10 to $28.93 for a loss of -$0.17/share on 3800 sahres or an open loss of -$646 in 4 trading days, note spot gold is near $1600 and it costs gold miners around $1000 to produce an oz of gold.
  • Our bearish inverted option collar on EEM which is short the Feb 7 $40 call and long the Feb 7 $43 Put has a net return of +$0.12/share or $456 profit in 4 trading days.
  • EEM traded from $43.02 down to $42.60 or -$0.42/share on the underlying while the option collar started with a credit of +$2.43 and can be bought back for a debit of -$1.89 for a profit of +$0.54.

Keep in mind China’s stock market is closed until Monday which is when I expect the EEM ETF to take a big hit and could potentially sell off 30-50% in the next 3-6 months, which will be extremely profitable to our portfolio with an inverted option collar.

PORTFOLIO BUILDER

PORTFOLIO BUILDER

If you need help getting our trade alerts or have any other questions please contact us anytime at support@portfoliobuilder.io

Recent Posts

Scroll to Top