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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (163869)2/14/2012 11:00:52 AM
From: renovator  Read Replies (1) | Respond to of 206322
 
Me too--covered all held shares with calls and trimmed some and redeployed writing MMR puts--working out very nicely, so far.



To: CommanderCricket who wrote (163869)2/14/2012 11:24:25 AM
From: katytrader2 Recommendations  Respond to of 206322
 
CC, good that you were not drinking (too much) IOC kool aid. I was surprised to see it move past 70 so easily. I sold Feb 70 calls because I thought it would stall out 72ish before falling back. Note that the March premiums on both sides showing good life. If dip continues to 65, next week should be time to write puts with the challenge for me being when and at what strike to sell covered calls. Its a nice challenge to have.

katytrader



To: CommanderCricket who wrote (163869)2/14/2012 11:52:38 AM
From: The Reaper  Respond to of 206322
 
I missed the news that Soros had cut his stake in IOC down to under 4%. Was that mentioned here? I need to read more carefully if it was.

Edit: never mind I see it.


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