SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wyätt Gwyön who wrote (3470)12/16/2003 2:58:44 PM
From: mishedlo  Read Replies (1) of 110194
 
I am a very nervous bull on gold and silver.
I bought the last dip on miners but I sure wish I sold it already.
Still I am not loaded in the stuff by any means.

I am also in futures, covered with calls, and call spreads.
I have taken many call spreads on gold and silver off.
A few are so ar ITM (even the top end) that a $15 pullback will not hurt them a bit.

I am trying to bail on another gold call spread for a double and if we open up or flat tomorrow I likely get it (the top end OTM is decaying fast)

Right now I am pondering an exit on my futures to only holding the remaining spreads. It will depend on the action in the next week just what I do. January options close if one week from today. We can easily get a hard pullback in january on miners and POG.

M
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext