Trade Idea: GDX Iron Condor 1-3-2025, Updated: 1-30-2025
GDX is in a falling wedge, but needs more time before moving higher
Vaneck Gold Miners ETF GDX 0.00%↑ will likely trade in a narrow range before rallying.
The IVR is 62.6, which is good for selling iron condors.
This trade offers plenty of room to adjust before expiration and this is a defined risk trade.
Keep reading to learn the best strikes and expiration date to maximize returns. Also, how to execute and my exit strategy.
Lastly, learn how I plan to turn this into an infinite return trade.
This is not financial advice. Please do your own research and do what’s best for you.
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