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.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.