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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: Snowshoe who wrote (161653)8/27/2020 2:28:39 AM
From: TobagoJack  Read Replies (1) of 217713
 
As positions now stand, due to the high implied volatility and countering exercise of astute agility, my overall NAK and put / call positions resulted and assuming I am put at 1.00 and not called, would be 0.74 per share, decent relative to now market transaction price of 0.88.

Should all shares then be called called away, including the 3.00 flavor, 84% return on cost basis of 0.74 would be the result. Acceptable.

If just putted and not call, I have the desired LTBH call option on Alaskan gold, assuming the company sticks around.

I expect to be put in September, open question for November, and not be put for December.

Am curious to see if guess correct that the mine would be approved should the Trump win.

‘They’ certainly did kick the can down the road. But akin to FDA and such same regulatory processes, questions are good and proper. Hopefully they can be answered.

If not, the shares can revert to 40 cents.

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