02-11-2021, 11:37 AM
Back to selling some gold puts. Sold NEM puts at strike 58 for $1.11 expiring 2 in weeks. Premiums are good and I believe the div is about 3% if I get assigned. Div will likely go up again soon. NEM is also among the market leaders in silver and copper reserves. It's my favorite PM play. I've sold puts about 10 times and still no assign through the gold price moves. Easy to roll forward and collect more premium/drop strike the few times I needed to. JR minors pay better premiums but I can gamble elsewhere.