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Anatomy of a Trade: GDX Strangle

From Theory To Practice

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In our latest iteration of the Anatomy of a Trade series, we work through what began as a standard, short strangle in GDX – aimed at giving us positive theta and delta neutrality. As we move through the adjustments and management that went into this trade, we see how approaching our trades with a mechanical mindset can be very beneficial.

Be sure to check out the other iterations of FTTP’s rendition of an Anatomy of a Trade!

Version 1: TSLA Strangle (in an IRA)

Version 2: DIS Diagonal

Version 3: TWTR Super Bull

Version 4: GDXJ Straddle

Version 5: TLT Straddle

Version 6: AAPL PMCC

Version 7: XLV Straddle

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