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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (65079)5/30/2006 11:13:02 AM
From: profile_14  Read Replies (2) of 206092
 
I don't find the call sale faulty. I am glad I sold the BTU June 65 calls last week for 1.30. The bid is now 1.50, so I will take the positive delta any day. As I said, I'd be glad selling it at the 66.30 equivalent in another 18 days or so.

BTU is up 77 cents right now. Nothing is holding up and I don't expect energy to hold up either. PBR is getting a whacking and I sold my puts I bought Friday this morning for more than a 50% gain. I also covered a little bit of stock I shorted on Friday as well for a 5% gain on a small account.
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