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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: username who wrote (1704)5/30/1998 8:29:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 6439
 
Good to see ya, kiddo. I've been great. Busy at work and heavy into cash as a consequence (which has been helpful in this market).

Look at the HUI (Gold Bugs) index. Write (sell) June 90 puts for about 1 point. Expires in less than 3 weeks (on a Thursday) and the index is almost 100 now. Good chance it will stay above 100 thru expiration. So far, Glenn and I have the entire open interest, so I guess we've cornered that little piece of the gold market.

Best,

Gary Korn