Re: sold the dec si. 36 call option today
Hi Steve! How the heck are ya anyways?
Got lucky again with these short term silver swings....too bad silver wasn't up more though...usually is more volatile than gold, not the case today though...the market must have sensed I was watching to take a profit...lol....
A couple weeks ago I purchased a Nov. si. put for just a day, and turned .30 into .70 .... didn't get a chance to post it....
I've been pretty good making money on these swings...
I really like when the options get into the last coupla' weeks...price swings on options are huge and so I can play the 1-3 day swings and make big money with little risk believe it or not....(just the risk of the option cost)...sometimes I am dead wrong but still get out near breakeven or a small loss with a bit of luck....
Now I'm just sittin' on a pile of long-term natgas calls....Feb. and March.....hope she starts hoppin' soon....
Cheers! :)