Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John D. White who wrote (251)	10/18/1998 3:46:00 PM
From: John D. White	of 48092

opps. Short Oct 20 calls that is. (deep in the money) The thing is that if you hold the stock, you can sell and cover every four or five days and make points on the volatility. sell when volatility is high and cover when it calms down. If you do both puts and calls you have a "strangle". A close on the strike (on expiration day) and you win both sides, keep your stock, and get to do it all over again. You wait for the volatility to jump then leg one side in. The key is not outsmarting yourself. Just play the odds which are in your favor if you don't get too excited.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next