GDXJ didn’t quite make it down to the 19.60 correction target where we’d intended to buy it. That’s okay, since there will always be another opportunity. For now, though, rather than chase the stock to its nearest rally target, 21.50 (it could conceivably gap to there on the opening bell) we’ll look to buy the reaction. My inclination is to leg into a call spread that would eventually become stock, so stay tuned. Click here for a free trial subscription that will allow you to be notified of trades like this one in real time.