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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Mark Mandel who wrote (157223)9/18/2011 7:51:12 PM
From: CommanderCricket1 Recommendation  Read Replies (1) of 206191
 
Mark,

It may all come crashing down but that doesn't mean we can't make money.

I'm comfortable writing puts on a selective few energy companies through the volatility as I don't see them going much lower. Hesitant on writing many calls at these levels as the market could take off higher regardless of how bad the news gets.

Regardless, I have tight rules on trading options and when a trade goes bad, it's closed ASAP.

Michael

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