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

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To: CommanderCricket who wrote (140997)10/13/2010 12:53:08 PM
From: WalterWhite  Read Replies (1) of 206181
 
CC - i am a regular lurker here, and thanks to you have been on the IOC bandwagon from approximately $27. I owe you a few bottles of Scotland's finest!

I have been long, and like yourself, been writing puts - not as aggressively as I should have - but done OK. I am now tempted to buy Nov/Dec/Jan out-of-the-money calls to take advantage of future news from IOC and the valuation gap closing. The premiums are dear, but if this runs to $90, 100, 120 I want more skin in the game.

Any comments and / or thoughts on timing?

tia
Chinnery
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