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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Broken_Clock who wrote (55393)11/24/1999 6:38:00 PM
From: upanddown  Read Replies (1) of 95453
 
XNG seems to be very thinly traded as indexes go

PK, that is what is keeping me from taking a flyer on some Jan calls. Very little open interest beyond Nov and you can expect to get reamed both ways by the thief..uh..market maker. Jan 140(1 1/4 - 1 3/4) are tempting.
askresearch.com
XNG has spent most of the last six months above 140 and if we get cold weather and a NG spike, 150-160 by expiration should be a chip shot.

John
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