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Strategies & Market Trends : Ride the Tiger with CD

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To: koan who wrote (94720)10/12/2007 6:25:35 PM
From: jennifersilversun  Read Replies (2) of 312924
 
So today I followed in your footsteps and bought a few Jan 09 CDE 4 calls, to add to my Mar 08 5 calls.

Just a few. It'll give me something to stare at on my computer for the next few trading days.

It's not that I think CDE is a great company. It's just that I think if silver goes up in price the Herd will stampede enuf funds into it to whack the call price way up.

Also bot two Mar 09 comex silver 20 calls for .085. So total capital expended was $850. That's okay with me. It closed at .098, so I'm up $130. Not a whole lot, but still feels better than closing down $130.

Btw, I'm a citizen-resident of the same nation-state as thou.
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