Intermediate Trade: Gold Miners ETF

The Trade: Buy 100 shares of NUGT and sell 1 NUGT January 2018, 31 strike call for a net debit of 22 points.

The Direxion Daily Gold Miners Bull 3X ETF (NUGT) attempts to move on a daily basis three times the rate of change (up, down, sideways) of the NYSE ARCA Gold Miners Index. NUGT thus has built-in volatility in a sector that tends to be volatile anyway....177 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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