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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (20364)	9/12/2003 6:46:22 PM
From: tyc:>	Read Replies (1) \| Respond to of 39344

As a matter of fact I am following a similar strategy, except I have been selling more calls than I own stock accepting the risk of being called into a "short" position. The profit profile is very wide. If I do get called I intend to sell puts until the short is eliminated by the stock being put to me (when I will be long again). Of course, the upside risk is well hedged by other PM holdings (I hope). (Not "off topic" 'cause it happens to be a PM stock (as yours is :>)