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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (66698)8/13/2009 10:41:44 PM
From: loantech  Read Replies (1) | Respond to of 78421
 
Hi Tommaso,

I know very little about pricing options in fact almost nothing.Based upon the gurus opinions I follow and trust for the most part if we get a 300-400 dollar rally in POG the next 4 months or by year end (33% +) I think GDX could rally at least 66%. 2X. That puts GDX at 66. I bought the DEC 50 calls so far on average at 1.15. So a potential leveraged return.

Please provide your feedback. I am thinking of buying some Jan 2010 strikes.

tom


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