Thursday, July 5, 2012

New Positions

Today I purchased some October '12 expiration call options for Goldcorp (GG). My belief is that the stock will be closer to $50 at that point, relative to its current position at $39.

In addition, I have an open order to buy some FXY put options with a January '13 expiration. I'm finally ready to dip that toe when it comes to shorting the Yen.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...