Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: farkarooski who wrote (51173)	5/9/2002 10:11:51 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

what if gold erupts late, and silver drags on? you lose /jw

To: farkarooski who wrote (51173)	5/9/2002 10:22:40 AM
From: Clappy	Read Replies (1) \| Respond to of 65232

wouldn't it be a huge leverage ??? you don't have to tie up all the money waiting for it to explode !!! Time constraint is a traders enemy. Small unhedged miners like DROOY and others provide almost the equivilent of an option contract with out the expiration to worry about. The only expiration you have is whether or not they survive if the price of gold drops dramatically. In my opinion, gold is volitile enough without having to add the additional worry of calls and puts... <g> <ng> But to each is own. Calls certainly have higher leverage. If they get popular enough they might be good candidates to play a little of Voltaire's Beano on them. Nice strong uptrend. Lots of movement to keep the IV up there. Sell covered calls on them each month... Pocket the nice percentage rate... Just the opinions and rambling thoughts of a jackass. -Clapper