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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST
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To: Robert J Mullenbach who wrote (55855)7/7/2000 1:17:43 AM
From: goldsheet  Read Replies (1) of 116785
 
> IMO, a put or call is a long way from selling forward.

I absolutely agree, but recently it has become much easier to just call all hedging bad without making the effort to read the fine print in the back of annual reports and make the correct distinctions you made above. Of course, buying the puts might cost them some money and reduce profits, but insurance premiums have the same affect.
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