Sometimes a trade works out exactly as planned. This was one of those times.
Back on July 30th, I entered a position in Junior Gold Miners $GDXJ, thanks to excellent research from Jason Perz and Sam Gatlin at the Gold Rush Report. Their take was crystal clear:
"The real story isn't just the metals themselves—it's the miners. They're where the leverage lives, and they're telling us this bull market is alive and well. Precious Metals ETFs are leading every sector in the market by a mile, and the Junior Miners are coiling for their most significant moves yet. The scoreboard doesn't lie. Money flows to where it's treated best, and right now, it's pouring into miners."
That was all I needed to pull the trigger.
Here's what I published for All Star Options subscribers that day:
"I like buying $GDXJ January 75 calls for approximately $3.75 debit (or less). This debit I pay today is the most I can lose and I'll size my position according to the possibility that I might lose it all. If $GDXJ makes a run to $100, these calls will be worth at least $25 per contract, yielding a huge return on my investment. And that's what I'm playing for—the hundred-dollar-roll in the junior miners. If/when we get to $100, I'll close the trade and book the win. In the meantime, this dip gives me a great opportunity to keep my risk management tight. If $GDXJ loses the $64.50 level, this is a pretty clear signal that there's more to this little dip and I'm early. So I'll look to exit the position ASAP to protect against any further losses."
Lo and behold, $GDXJ did exactly what we hoped it would do. It made that run to $100, briefly crossing the threshold in early trading this morning and triggering my exit.
The calls I bought for $3.75? Exited today for $26.40:
That's better than a 600% return. In two months.
This is what happens when quality research meets a solid action plan. The Gold Rush team identified the opportunity. I constructed a trade with clear parameters—defined risk, specific profit target, and tight stop-loss rules. Then I let the plan work.
No heroics. No getting cute. Just following the process.
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Sean McLaughlin | Chief Options Strategist, All Star Charts
