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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Bread Upon The Water who wrote (7838)	10/7/2004 2:36:49 AM
From: energyplay	Read Replies (1) \| Respond to of 11633

The price behaviour of ERF - it seems to get "pinned at the strike" - settle in right at a strike price. I had some $30 strike price optiions. There were going for $4.60-$4.90. I sold those today. I was lucky to buy a bunch of $35s a few days ago. Look at the chart to see ERF hanging just under 30. finance.yahoo.com ******* For taxable accounts, if ERF goes way up, you can exercise some of the options. That's not a taxable event, then you can get the distributions while waiting to pass the one year mark since exercise for long term gains, or just hold for another tax period.