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To: onepath who wrote (14320)7/15/2010 11:29:21 AM
From: tyc:>  Respond to of 23086
 
Thomson Creek is getting a good deal. For the patient is worth sitting tight, But time frame too long for this grasshopper.

BTW I bought a few more SIR this morning



To: onepath who wrote (14320)7/15/2010 4:22:03 PM
From: tyc:>  Read Replies (2) | Respond to of 23086
 
Onepath:

I've been selling naked puts. They have the same profit profile as a covered calls, but what intrigues me is that they are bullish but require no cash outlay nor interest charges, just otherwise-unused margin.

I see Thompson Creek is optionable. Maybe in anticipation of the recognition of the value of their Selwynn project option and royalty I should consider selling puts there ! Say, expiring January ! LOL !