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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (14329)	7/16/2010 11:09:57 AM
From: tyc:>	Read Replies (3) \| Respond to of 23087

Hi Onepath... I tried to figure out the leverage of TRX warrants now, but it gave me a head-ache. I wouldn't doubt that TCM warrants offer better leverage. So good luck ! But I did sell 4 naked Jan $13 puts at $4. Here's how I see it: Maximum profit.. I get to keep the entire proceeds of the sale $1600.... if the stock is trading above $13 per share in January (The year's high was over $16) If the price goes up from here, the margin requirement might increase because it's based on 50% of the stock price. The present margin requirement is: 100% of the premium..................... $1600 50% of the underlying..50%9.30400 =$1860 So the maximum yield would be $1600/$3460 = over 46% for about six months. I hope toowit (or somebody) reads this and tells me where it's wrong ! Cant't be too careful with naked puts !

To: onepath who wrote (14329)	7/16/2010 7:02:48 PM
From: koan	Respond to of 23087

How things seem to be developing. Photo taken in Paris on April shows 100 euro and 100 dollar bills. The doll... Photo taken in Paris on April shows 100 euro and 100 dollar bills. The doll... The dollar fell further on Friday, touching the lowest level so far this year against the yen, as weak US data fuelled concerns about the world's biggest economy, analysts said. The euro rose to 1.2975 dollars in morning trading here, up from 1.2941 dollars in New York late on Thursday. Against the Japanese currency, the dollar fell to 87.09 yen from 87.39 yen on Thursday. In earlier trading in Tokyo, the dollar fell briefly to 86.93 yen -- the first time it had dipped below 87 yen since July 1 and the lowest level since early December. The dollar had already plunged into the mid-87 yen range in New York on Thursday as weak US economic data dampened hopes for a rapid exit from recession. "The US economy, which had been believed to be staging a solid recovery, now seems to be stalling," said Hachijuni Bank dealer Masatsugu Miyata. "Risk aversion triggered yen buying," he said, adding that investors believed the Japanese economy was more stable. Dealers said the dollar might fall toward 85.00 yen. US data such as a consumer sentiment survey and the consumer price index to be released later Friday could be a trigger for such a slide if they turn out to be worse than expected, said analysts. Investors were worried by news that manufacturing had slumped in New York and industrial production across the US rose only modestly last month. They were also spooked by news that inflation, measured by producer prices, has also fallen, seen by many as a sign of slow recovery and possible deflation. As well as from US economic fears, the euro has attracted support this week -- reaching two-month dollar highs -- from a successful bond issue in Spain and plans for a bank merger in Greece. Dealers digested official data on Friday showing the 16-nation eurozone slipped back into a trade deficit with the rest of the world in May when it posted a shortfall of 3.4 billion euros (4.4 billion dollars). The single currency area had posted a surplus for three months in a row, thanks to a fall in the euro which boosts exports through lower prices. In London trading, the euro was being quoted at 1.2975 dollars against 1.2941 dollars on Thursday, at 113.01 yen (113.14), 0.8413 pounds (0.8370) and 1.3511 Swiss francs (1.3469). The dollar stood at 87.09 yen (87.39) and 1.0414 Swiss francs (1.0406). The pound was at 1.5420 dollars (1.5455). On the London Bullion Market, the price of gold fell to 1,205.65 dollars an ounce from 1,208 dollars an ounce on Thursday.