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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (66345)	3/21/2001 1:37:46 PM
From: re3	Respond to of 116779

yes and no hutch. i purchased some nem around the $ 17 dollar range in three installments...i've been selling calls on it, with no major overall change in the price...its true that nem went down to 13 while i owned it and had the calls sold on it but in the end nem rebounded close to 17.50 but not high enough to see the calls exercised. currently the april 17.50 calls on yahoo finance are bid .75 and ask .95 and the stock is quoted at 17.04 this is a minimum 4 % return on the stock if nem closes after april expiration no less than 17.04. what can YOU show me that can get me 4 % in a month? granted, the thing can tank and one would have lost capital, but i'm not expecting that. show me your cards, what do you propose to do here ?