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

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From: CommanderCricket1/9/2012 10:44:03 AM
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Closed 10 IOC Jun 35 puts for a 20% gain - about a week's worth of waiting and sold 10 IOC Jun 40 puts for $5.75.

The 10 contracts require $9,875 in maintenance to hold or about 2:1 (maintenance versus premium received). The $9,875 is working hard for it's money - LOl

CC
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