Long (GDX) Opportunity - Contrarian?
Gold has been an under-performer in the uncertain global markets
However, structurally long
GDX offers significant upside
We have outlined trade which can be accessed on profile however a summary is provided
-2 Month Call skew 2.22 standard deviations above its 1 year mean
-2 Month implied volatility is near mid-range (64th percentile over the last year)
-GDX is a leveraged play against global central banks falling behind the inflation curve
-COT report shows that gold producers have been getting longer
Interested in all thoughts & analysis on our idea.
However, structurally long
GDX offers significant upsideWe have outlined trade which can be accessed on profile however a summary is provided
-2 Month Call skew 2.22 standard deviations above its 1 year mean
-2 Month implied volatility is near mid-range (64th percentile over the last year)
-GDX is a leveraged play against global central banks falling behind the inflation curve
-COT report shows that gold producers have been getting longer
Interested in all thoughts & analysis on our idea.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.