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Strategies & Market Trends : Strictly: Drilling II
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To: cliffp who wrote (9087)3/7/2002 10:50:18 PM
From: Joan Osland Graffius   of 36161
 
cliffp,

The problem with my gold positions is I have most of my gains in South African GOLD and HGMCY - also own the non expiring option DROOY. <g> Since this group of stocks do not have options available the protection of profits are limited to selling XAU calls, buying puts on the XAU or on the gold futures.

Maybe someone out there has some other ideas.

Joan
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