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


To: Lucky Lady who wrote (18102)9/8/1998 4:14:00 PM
From: E. Charters  Respond to of 116898
 
If you can get 6 month calls on gold out of the money they could be a good thing. Straddle it too as moves either way benefit. If it moves down sell your put and double on another put call combination. Don't buy a straddle. Buy a put call and liquidate one side on every short move. Right now gold is volatile and you can always make money on its small moves. Don't be afraid to make 25% by selling. Load up again and fire.