Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 23 4:00 PM EST

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To: GROUND ZERO™ who wrote (37349)	9/5/2012 11:47:21 AM
From: Wayners	Read Replies (1) of 222324

The reason for not buying the stock is it can cost too much money for too little potential reward. For example on those GLD calls I bought, It only cost me $5000 for the calls. Buying that much GLD outright would have cost me $113,000. If I bought $5000 of GLD outright instead of the calls, the percentage move in GLD to make $500 would be so large as to be impossible for a daytrade.

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