NEM 0.00%↑ We caught this trade after 3Q earnings capitulation that saw the stock sell off some 10b dollars in a day. Now, Jan bull call spread of 45/60 is reaching the target 1 on our trade polygon. THIS SELL ORDER IS ONLY HALF THE POSITION! Profits here are around 100+%. Fill and the trade is in the bank! Limit sell $7.9 (entry was $3.63). Get filled and the rest of this trade is bonus!
Setup was covered in this article. The performance of the position netted about 4x leverage to the price change of NEM and likely 12-15x gold!