I’ve been considering running the wheel on gdx. Have about 50 shares pretty much atm right now I’ve had for a bit. Listening to guys like Peter schiff, the floor seems pretty high on gold and commodities at this point.
Currently selling puts at strike of $29 for 17dte would yield 1% and slightly lower my cost basis.
Wondering if anyone is also in any good positions or am I being persuaded by a guy that could just be advertising his own business (he manages a gold etf). Any thoughts on gold conviction or any other stock/sector to run wheel on would be great. Tia
[link] [comments] https://www.reddit.com/r/stocks/comments/14wwghw/thoughts_on_gold_or_gdx/
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