And then there is JNUG

I had high hopes for this one. Like the yen, gold is of course super sensitive to Fed rate hikes. My complacency is getting the best of me.

A 21% move (okay it’s a leveraged ETF) looks like this:

jnug-chart-2016-10-04_22-19-06

jnug-oct-strangle-2016-10-04_22-17-56

Cue maniacal laughter –> https://www.youtube.com/watch?v=WaIJKM0sjdo

 

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