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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (17320)9/3/1998 12:46:00 AM
From: C Hudson  Respond to of 116770
 
So make a DELL vs. DROOY thread. Post a link on this one when it's up. Ok Don?



To: Don Green who wrote (17320)9/3/1998 12:51:00 AM
From: paul ross  Respond to of 116770
 
Gold puts relatively cheap right now. Gold calls still expensive. Dec99 240 puts at 2.30, Dec99 320 calls at 8.20, both strike prices being around $40 from the current spot price.
Might be cheap insurance for a year and 2 months for those who have a gold or gold stock portfolio.
If gold hits 200, $230 (plus commission) gets you $4000, plus any time value if gold hits 200 sooner.
What say you option pros (ole 49er)?


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