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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (10931)	8/8/2002 1:15:56 PM
From: The Vet	Read Replies (1) \| Respond to of 16631

Gold stocks are marking time with gold sitting at around $310. COMEX Options expiry is tomorrow and the best price for the options sellers looks to be around $310 an ounce.. Surprise - that's just where it is - momentum is probably up from there early next week but we can always hope the POG gets away from the professionals before then... I just bought 50 HGMCY in the money calls (AUG 10s).. short term but very low time premium and I expect them to do OK next week. If I can't get the money for the options I will exercise.