I expect DRD volatility because that market says so, that should one buy a share of DRD at 15.20, and short the November Call / Puts strike 15, one should might get (depending on executions) 2.85 for the call, and 1.75 for the put, a 31% return booked on 20th November should DRD sit on the dot of 15.00.
DRD currently is net biased to bull side, but w/ large uncertainty to the bear side.
The gold bank is good, but is a bank, and not cash, thus deserving an interest rate, and 31% seems fair for 110 days.
My Kodak and Tesla plays both worked well yesterday, and am in better position to GetMoreGold, but maybe by and by. Believe much play left in the stock market to mine for gold.
Question in mind, how bad the gold corrects if at all, and if not, why am I not all-in?
finance.yahoo.com
 |
