Please pardon my brevity today. As I mentioned on Friday, I’m traveling to volunteer at a summer camp for my church’s youth group.
However, I want to touch base and let you know that we have two quick actions to take: We’re selling our put options on gold mining company Newmont Corp. (NYSE: NEM) and our puts on silver producer Pan American Silver Corp. (Nasdaq: PAAS).
1st Action to Take:
Sell to Close NEM July $60 Put Options
Here are your details to complete this action:
Trade Recommendation |
|
Sell Action to Take |
|
Stock: |
Newmont Corp. (NYSE: NEM) |
Option Type: |
Put Option |
Expiration: |
July 17, 2020 |
Strike Price: |
$60 |
Option Symbol: |
NEM200717P00060000 |
Action: |
Sell to Close |
Order Type: |
Limit Order |
Duration: |
GTC (Good ‘Til Canceled) |
Limit Price: |
$3.15 (Anything above $3.15 is great.) |
Note: Do not place a market order. |
|
2nd Action to Take:
Sell to Close PAAS July $27 Put Options
And here are your details to complete this action:
Trade Recommendation |
|
Sell Action to Take |
|
Stock: |
Pan American Silver Corp. (Nasdaq: PAAS) |
Option Type: |
Put Option |
Expiration: |
July 17, 2020 |
Strike Price: |
$27 |
Option Symbol: |
PAAS200717P00027000 |
Action: |
Sell to Close |
Order Type: |
Limit Order |
Duration: |
GTC (Good ‘Til Canceled) |
Limit Price: |
$0.95 (Anything above $0.95 is great.) |
Note: Do not place a market order. |
|
We’re keeping an eye on the portfolio, and we’ll reach out if there are additional actions to take this week.
If you have any questions about today’s trades, email our team at apexprofit@banyanhill.com.
Good investing,
John Ross
Editor, Apex Profit Alert