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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (169191)5/31/2002 9:19:53 AM
From: yard_man   of 436258
 
income positions are separate from cap appreciation postions -- I have a bunch of shares for cap apprec.

I'm not getting cute -- just like you mentioned owning physical -- can't put 100% in the miners (well you could, but that is pretty high risk) -- this is just an income oppty -- compare it with others available -- treasuries or some other "yield" play -- esp as far as risk/reward is concerned.

If the shares take off like a rocket you'd be able to reap more than 2/3 of that premie instantly.

Ur not buying ITM calls from me -- anyone buying ITM calls is not wise ... you'll be buying OTM if you buy them and so will I.
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