Suggested as a stock-based investment option to leverage the rising gold price environment.

High conviction in miners due to stable costs and skyrocketing selling prices leading to record cash flows.

A strong bullish case exists due to rising gold prices and favorable cost structures (potentially declining oil), which could lead to significant margin expansion. The trade is considered not yet crowded as investor sentiment remains scarred from past underperformance.

Personally long. Believes the leadership in the metals and mining sector will continue for the next couple of years and the rally is in its 'first or second inning'.

A speaker noted a successful trade but sold too early, implying a continued bullish outlook in line with the rally in precious metals.

Considered an attractive, leveraged way to express a bullish view on gold over a multi-year timeframe, with the speaker personally owning 2026 calls.

Highlighted for very strong returns of 'a bit more than 100%' since the new year. However, the speaker is not currently holding it, suggesting other 'laggard' assets may offer better tactical returns in Q4.

The author expresses regret over not holding $GDX calls, which suggests a positive outlook on gold miners.

Investor previously held profitable call options but has since shifted focus away, indicating a neutral current stance.

Author purchased Jan 2026 $50 strike calls, anticipating a significant rise as gold miners are currently lagging the price of gold.