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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: gold$10k who wrote (3576)11/26/2002 2:02:29 PM
From: the-phoenix  Read Replies (1) of 4051
 
Thanks. My problem with MUFUs right now is that I don't have any place to trade them. I am looking at selling ITM XAU puts if the index gets back down around 50 some time soon. I could sell the June 60s probably for around 15 if XAU were at 50 in a month. That would give me a breakeven of 45 by June, and a very good chance of seeing them expire worthless, IMHO.
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