We finally got the bugs worked out of the system and now I can publish the September option positions. I will post them a little later but I wanted to send a quick note out to all of you. Thank you for your patience.
I am looking at long gold by selling the GDX 35 strike Put options for around $0.50.
I am also in favor of Chesapeake in the Natural Gas sector and Monsanto in the agricultural. I believe that these sectors have been beaten down a little too much and still have some value left. I plan on strangling DUG, the Proshares Ultra Short Oil & Gas ETF by selling the calls and the puts.
We have four weeks left until September expiration, which is plenty of time to put on positions.