GDX Gold Miners ETF (33.45)

Yesterday’s avalanche buried hopes of reaching a 40.85 target any time soon. Let’s go over to the Dark Side, bidding 1.40 for two June 25 puts (GBJRY) on the opening. Thereafter, if the order has gone unfilled, lower the bid to 1.30 and add two more puts, day order. _______ UPDATE: We bought two June 25 puts on the opening for 1.40. For the remainder of the day, bid 1.30 for four more.