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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Mark Mandel who wrote (157223)9/18/2011 4:43:10 PM
From: Bearcatbob1 Recommendation  Read Replies (1) of 206181
 
Mark, If one thinks the economic world is ending - sell calls. Remember, a short call has an unlimited loss possibility. A short put has the limit of the put value. If one is pessimistic - I would consider selling bear call spreads (sell the close call and buy a more expensive call).

Let's see what the futures are tonight. Miracles do happen - the Browns won today, the Bearcats won yesterday and the Indians have come back to lead over the Twins. I think I just saw a cow fly by our window!

Bob
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