Closing the GDX Trade for $530 Profit per 10 Lot

GDX has risen smartly to the point where I am closing the vertical put spread for a $530 profit.

  • Bought GDX 06/18/21 Put 36.00 @ 0.77
  • Filled at: May 10, 2021 9:31:21 AM EDT
  • Sold GDX 06/18/21 Put 33.00 @ 0.23
  • Filled at: May 10, 2021 9:31:21 AM EDT

I received an initial credit of 1.07 and bought back the spread for 0.54 resulting in a gain of $53 per spread.

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