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

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From: CommanderCricket2/29/2012 2:11:42 PM
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Anyone want to bet whether or not ATPG makes it this year? I think they will muddle through for awhile and with the high premiums, are worth taking on the risk.

My bet - a short strangle. Legged into the position.

Sold ATPG Apr 6 puts and ATPG Apr 10 calls

Close to $0.90 in premium

The share price should stay between $6 - $10 over the 60 days.
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