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Gold/Mining/Energy : Precious metal company Warrants -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (317)	1/11/2006 11:44:13 AM
From: tyc:>	Read Replies (1) \| Respond to of 681

>>"I think that is the BEST way to play cheap options"... "we have to put up lot's of coin to short the stock". We are told that Hedge Funds dominate the market. If this is the best way, no doubt this is a tactic that hedge funds use. It's therefore important that I understand the implications. That's a reason I am determined to try it. As for the requirement of "a lot of coin", i believe my answer is, "not if you have surplus margin available". Sure, there'll be interest charged if daily marking-to-market causes a debit balance, but I'll just charge that to "entertainment" I have entered an order to SS 1,000 shares at a price a little higher than current market. At that price my warrant position should have a total delta 1000 above the start level, so I shall be going back to square one. (And I shall have a position that will make money in both directions, I think.) Shall I let the thread know what happens ?