Wednesday, December 5, 2012

A Trade

In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13.  Right now, you can get them for somewhere around $0.78 or $0.79.  And, as I'm on record as saying that gold is ready to make the next big push way before that expiry, it stands to reason that I can make a handsome bounty for very little premium.  Or lose all of it.
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