Trade Ideas
UOA PRO Update GLD | GDX 8-12
12,000 15January 490 calls bought for 6.44 above open interest of 4,337 contracts; 12,000 15January 495 calls sold for 5.96 above open interest of 2,087 contracts. Stock 405.24.
Status Update
Ticker: GLD | GDX
Stock: 405.24
Expiration Date: 18SEP
GLD UOA:
08/12/2026 11:48:11 AM GLD Bullish Call Spread 405.24 12,000 15January 490 calls bought for 6.44 above open interest of 4,337 contracts; 12,000 15January 495 calls sold for 5.96 above open interest of 2,087 contracts. Stock 405.24. Metals
08/12/2026 11:32:08 AM GLD Bullish Call Spread 405.67 55,292 18September 415 calls bought for 9.68 above open interest of 26,213 contracts; 55,292 18September 410 calls sold for 11.63 below open interest of 69,848 contracts. Rolls long leg of trade on Log 08/10. Stock 405.56. Metals
Check site for other recent activity.
UOA PRO New Trade Idea GDX 8-5
Ticker: GDX
Type: Bullish Call Roll
Stock: 83.70
New Trade Idea
Ticker: GDX
Stock: 83.70
Trigger: 84.81
Targets/Resistance: 87.44, 90.26, 91.72, 93.76, 96.01, 97.60, 98.70, 100.25
Expiration Date: 18SEP
GDX UOA: 08/05/2026 10:34:59 AM GDX Bullish Call Roll 83.70 5,263 18September 94 calls bought for 2.03 above open interest of 440 contracts; 1,986 18September 82 calls sold for 6.20 below open interest of 5,104 contracts. Stock 83.70. Metals
GLD UOA: 08/06/2026 11:22:32 AM GLD Bullish Call Spread 390.27 55,292 18September 410 calls bought for 6.54 above open interest of 14,868 contracts; 55,292 18September 430 calls sold for 2.85 above open interest of 7,075 contracts. Stock 391.67. Metals
GDX $83.22 Last.
GLD yesterday, GDX today. Charts haven’t turned much yet and the gap up is somewhat annoying frankly (for those of that were looking to add positions) as we’re left wondering if it backs and fills first or we just keep going. Regardless, the usual suspects did a masterful job of crushing spirits in the precious metals with vicious pullbacks/retracements. Could another large run be about to begin? Some think so but let’s start out with a trade and see if the Bigger Picture technicals take a turn for the better.
Trigger: $84.81, 100 SMA currently.
Strategy 1: Consider the GDX 18Sept. 85.00-105.00 call spread for $4.00 projected at trigger level today. Uncappable “tall” vertical with UOA time match.
Targets: 87.44 (200 SMA currently), 90.26 (150 SMA currently), 91.72, 93.76, 96.01, 97.60, 98.70, 100.25