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- Cecil Gee replied Jun 20, 2013
Been a good trading week so not going to spoil by taking anymore trades tomorrow
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- Cecil Gee replied Jun 20, 2013
ABX closed at $16.60, my option went as high as $1.56 before closing at $1.43 but closed earlier at $1.28 giving me a return of just over 18x my investment ABX Jun 2013 18.000 put (ABX130622P00018000) -OPR 1.43 image 1.17(450.00%) 3:55PM EDT
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- Cecil Gee replied Jun 20, 2013
With Gold falling hard I'm hoping my ABX option trade go over a $whole giving me close to 15x when market opens
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- Cecil Gee replied Jun 20, 2013
NO it won't cus silver is below $20 now at $19.77
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- Cecil Gee replied Jun 20, 2013
You should be in the money today, Gold trading at 1311, your iau put option deep in the money

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- Cecil Gee replied Jun 19, 2013
you may have your wish tomorrow, GOLD is down to 13.42
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- Cecil Gee replied Jun 19, 2013
Bad chinese manufacturing data, we could see a major sell off tomorrow with silver and gold
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- Cecil Gee replied Jun 19, 2013
wish you well but 19.52 may be tough nut to crack but you never know, your 1AU out must be doing well it closed at 13.13
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- Cecil Gee replied Jun 19, 2013
Still in this, I did buy for 7c and the $18 put closed for 26c, i'm hoping for a little more before I close out. ABX CLOSED at $18.01 ABX Jun 2013 18.000 put (ABX130622P00018000) -OPR 0.26 image 0.19(271.43%) 3:59PM EDT
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- Cecil Gee replied Jun 19, 2013
I got in at the open as it opened for 6c and I CLOSED FOR 26C, it went as high as 36c before closing the day at 9c highlighted the days range for the 19$ put, this made MY losses for last week and still have ABX put running at a nice profit VXX Jun ...
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- Cecil Gee replied Jun 19, 2013
This is a little risky thats why i'm stting a paremeter of 7c to buy VXX $19 put. If I can't get it for that price today before FOMC I won't purchase. It closed for 10c yesterday VXX Jun 2013 19.000 put (VXX130622P00019000) -OPR 0.10 image ...
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- Cecil Gee replied Jun 19, 2013
T.F. if your still in your trade with IAU and if price gets anywhere near $13, consider closing it as there may bounce after it at 12.92
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- Cecil Gee replied Jun 19, 2013
Been looking at GLD for a put option to play but IV is high thus creating expensive options due to FOMC so been looking around for a alternative option to play where the IV isn't as high. Found BARRICK GOLD, although different in business ...
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- Cecil Gee replied Jun 18, 2013
Never got a chance to get in as the $27 put option opened at 17c and continued to move higher as GDX fell to $27.38 and the option price closed for 33c. I think GDX will blow through that $27 put after the FOMC and gold will edge towards its 52 week ...
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- Cecil Gee replied Jun 18, 2013
I might make the trade before the fomc $27 put if i can get it for 8c or under, it closed for 15c yesterday GDX Jun 2013 27.000 put (GDX130622P00027000) -OPR 0.15 image 0.06(28.57%) Jun 17
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