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To: MythMan who wrote (19783)2/16/1999 11:38:00 AM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Silver's entrails are better, IMHO and it isn't manipulated as much

A good play on gold -- sell the 2001 Jan @ 20 leap put on NEM. If it gets put to you at 20 when you take in that much premie who cares and your earning interest on the proceeds while you wait for gold to spike ...

If NEM goes to 30 or so in a crash, buy back the put for less than half of what you got for it ...



To: MythMan who wrote (19783)2/16/1999 11:41:00 AM
From: bill meehan  Read Replies (3) | Respond to of 86076
 
I'm not saying it won't happen, I just don't like 'em here. There was also a good trade in early '98. I'd be more interested at lower levels, but risk/reward right now doesn't look good to me.