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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 457.82+1.3%Jan 23 4:00 PM EST

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To: Andrew who wrote (902)12/3/2003 12:53:29 PM
From: Little Joe  Read Replies (1) of 29622
 
Andy:

Tried an interesting tactic today regarding my Newmont calls. I was up 100% and wanted to lock in some profit. I sold today and bought 2x as many cheaper options with a part of the profits. I figure if it keeps going up I will participate. If it drops the worst case is I will lose some profits. I am curious if you or anyone on the thread has tried this technique.

Little joe

Little joe
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