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

To: DrBill who wrote (14645)	8/30/2010 12:29:39 AM
From: PaperPerson	Read Replies (2) \| Respond to of 23121

you are not too late at all. i think you can buy them for 35 cents or maybe 40 cents since palladium is acting frisky tonight. I am talking about the u.s.$4 March 2011 calls. they trade in five cent increments at this price level. here is my plan based on the stock taking off. before that happens, deliberately buy twice as many march calls as i really want. hahaha. sell some of these extra march 2011 calls and use the proceeds to buy ones that expire in june 2011 and so on. kind of a ladder. the idea is to stay away from owning something close to expiration date. the june calls will pop up as soon as the september calls expire.