JNUG
Direxion Daily Junior Gold Miners Index Bull 2X Shares
stock NYSE ETF

Since April, basically moved forward potential retirement 3-4 years :). I'm still pretty heavy in, but took some of the more aggressive moves off the table (mostly out of JNUG), Shifted a lot of stuff into AG which has treated me well and just going to straight GLD and SLV instead of the levered ETFs.

I think we still run hard - if Silver breaks $50 there is no resistance. Feel like Gold has less room to run, but also like that the pullbacks aren't as hard. Still see us at $5K end of next year, but think silver could go $75 if the stars align (based on Silver/gold ratio, industrial use, mining deficits etc). That and the dollar will continue to tank...

SLV calls, GLD calls, JNUG calls

Your time has come!
I was searching around for a Platinum version of JNUG and came across this post. 2 years ago!

## Highest Premium
These options offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced to move significantly more than they have moved in the past. Sell iron condors on these as they may be over priced.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| ASHR/34/32 | -0.3% | 113.76 | $0.49 | $0.68 | 0.85 | 0.89 | N/A | 0.21 | 94.3 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| DT/55/47.5 | 0.11% | 3.32 | $1.85 | $1.4 | 0.88 | 0.82 | 117 | 1.02 | 76.6 |
| ELV/370/330 | 0.42% | -63.4 | $16.5 | $14.55 | 0.88 | 0.82 | 110 | 0.25 | 82.8 |
## Expensive Calls
These call options offer the highest ratio of bullish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| ASHR/34/32 | -0.3% | 113.76 | $0.49 | $0.68 | 0.85 | 0.89 | N/A | 0.21 | 94.3 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| JNUG/190/161 | 2.71% | 565.5 | $17.55 | $12.75 | 0.79 | 0.85 | N/A | 1.12 | 82.9 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| LI/28/25 | -2.05% | -10.38 | $1.9 | $1.21 | 0.79 | 0.82 | N/A | 0.56 | 95.5 |
## Expensive Puts
These put options offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| SBUX/95/85 | -0.29% | -37.68 | $4.1 | $1.77 | 0.89 | 0.8 | 108 | 0.91 | 88.0 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| DT/55/47.5 | 0.11% | 3.32 | $1.85 | $1.4 | 0.88 | 0.82 | 117 | 1.02 | 76.6 |
| ELV/370/330 | 0.42% | -63.4 | $16.5 | $14.55 | 0.88 | 0.82 | 110 | 0.25 | 82.8 |
- **Historical Move v Implied Move:** We determine the historical volatility (standard deviation of daily log returns) of the underlying asset and compare that to the current implied volatility (IV) of the option price. We use the same DTE as a look back period. This is used to determine the Call or Put Premium associated with the pricing of options (implied volatility).

- **Directional Bias:** Ranges from negative (bearish) to positive (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
- **Priced Move:** given the current option prices, how much in dollar amounts will the underlying have to move to make the call/put break even. This is how much vol the option is pricing in. The expected move.
- **Expiration:** 2025-11-21.
- **Call/Put Premium:** How much extra you are paying for the implied move relative to the historic move. Low numbers mean options are "cheaper." High numbers mean options are "expensive."
- **Efficiency:** This factor represents the bid/ask spreads and the depth of the order book relative to the price of the option. It represents how much traders will pay in slippage with a round trip trade. Lower numbers are less efficient than higher numbers.
- **E.R.:** Days unitl the next Earnings Release. This feature is still in beta as we work on a more complete list of earnings dates.
- **Why isn't my stock on this list?** It doesn't have "weeklies", the underlying is "too cheap", or the options markets are too illiquid (open interest) to qualify for this strategy. 480 underlyings are used in this report and only the top results end up passing the criteria for each filter.

Trading JNUG and JDST on a car trip and losing about $45k.

Since April, basically moved forward potential retirement 3-4 years :). I'm still pretty heavy in, but took some of the more aggressive moves off the table (mostly out of JNUG), Shifted a lot of stuff into AG which has treated me well and just going to straight GLD and SLV instead of the levered ETFs.

I think we still run hard - if Silver breaks $50 there is no resistance. Feel like Gold has less room to run, but also like that the pullbacks aren't as hard. Still see us at $5K end of next year, but think silver could go $75 if the stars align (based on Silver/gold ratio, industrial use, mining deficits etc). That and the dollar will continue to tank...

SLV calls, GLD calls, JNUG calls

Your time has come!
I was searching around for a Platinum version of JNUG and came across this post. 2 years ago!

## Highest Premium
These options offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced to move significantly more than they have moved in the past. Sell iron condors on these as they may be over priced.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| ASHR/34/32 | -0.3% | 113.76 | $0.49 | $0.68 | 0.85 | 0.89 | N/A | 0.21 | 94.3 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| DT/55/47.5 | 0.11% | 3.32 | $1.85 | $1.4 | 0.88 | 0.82 | 117 | 1.02 | 76.6 |
| ELV/370/330 | 0.42% | -63.4 | $16.5 | $14.55 | 0.88 | 0.82 | 110 | 0.25 | 82.8 |
## Expensive Calls
These call options offer the highest ratio of bullish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| ASHR/34/32 | -0.3% | 113.76 | $0.49 | $0.68 | 0.85 | 0.89 | N/A | 0.21 | 94.3 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| JNUG/190/161 | 2.71% | 565.5 | $17.55 | $12.75 | 0.79 | 0.85 | N/A | 1.12 | 82.9 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| LI/28/25 | -2.05% | -10.38 | $1.9 | $1.21 | 0.79 | 0.82 | N/A | 0.56 | 95.5 |
## Expensive Puts
These put options offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/45/42.5 | 1.87% | 185.1 | $1.54 | $1.27 | 1.05 | 0.98 | N/A | 0.3 | 97.8 |
| STZ/150/135 | 0.16% | -116.63 | $5.25 | $4.25 | 0.99 | 0.87 | 97 | 0.6 | 93.6 |
| JD/39/35 | 0.57% | 21.08 | $2.24 | $1.91 | 0.97 | 1.03 | N/A | 0.57 | 92.3 |
| WM/230/210 | -0.11% | -34.91 | $3.9 | $2.45 | 0.93 | 0.85 | 116 | 0.47 | 91.3 |
| TEAM/170/145 | 0.29% | -136.43 | $11.55 | $7.85 | 0.91 | 0.87 | 119 | 1.46 | 94.7 |
| SBUX/95/85 | -0.29% | -37.68 | $4.1 | $1.77 | 0.89 | 0.8 | 108 | 0.91 | 88.0 |
| GDXJ/110/95 | 0.51% | 313.63 | $3.6 | $3.06 | 0.88 | 0.88 | N/A | 0.61 | 94.1 |
| NTR/62.5/57.5 | 0.0% | 35.24 | $1.72 | $1.92 | 0.88 | 0.83 | N/A | 0.53 | 88.9 |
| DT/55/47.5 | 0.11% | 3.32 | $1.85 | $1.4 | 0.88 | 0.82 | 117 | 1.02 | 76.6 |
| ELV/370/330 | 0.42% | -63.4 | $16.5 | $14.55 | 0.88 | 0.82 | 110 | 0.25 | 82.8 |
- **Historical Move v Implied Move:** We determine the historical volatility (standard deviation of daily log returns) of the underlying asset and compare that to the current implied volatility (IV) of the option price. We use the same DTE as a look back period. This is used to determine the Call or Put Premium associated with the pricing of options (implied volatility).

- **Directional Bias:** Ranges from negative (bearish) to positive (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
- **Priced Move:** given the current option prices, how much in dollar amounts will the underlying have to move to make the call/put break even. This is how much vol the option is pricing in. The expected move.
- **Expiration:** 2025-11-21.
- **Call/Put Premium:** How much extra you are paying for the implied move relative to the historic move. Low numbers mean options are "cheaper." High numbers mean options are "expensive."
- **Efficiency:** This factor represents the bid/ask spreads and the depth of the order book relative to the price of the option. It represents how much traders will pay in slippage with a round trip trade. Lower numbers are less efficient than higher numbers.
- **E.R.:** Days unitl the next Earnings Release. This feature is still in beta as we work on a more complete list of earnings dates.
- **Why isn't my stock on this list?** It doesn't have "weeklies", the underlying is "too cheap", or the options markets are too illiquid (open interest) to qualify for this strategy. 480 underlyings are used in this report and only the top results end up passing the criteria for each filter.

Trading JNUG and JDST on a car trip and losing about $45k.

This morning "fucking stupid gold miners, should have never bought JNUG" A FEW MOMENTS LATER....."I love you JNUG, I'll never talk shit about you again! I promise, just keep going up!"

At least you aren't in JNUG...That fucker is wrecking my otherwise not so bad looking day.