Volatile Stock and Option Trading Board

[Edge83]

We could have killed it buying puts on the miners (esp AG) this summer. It would have been a lot less painful than just watching all of our mining stocks go down.

We just need to focus on the technical charting and major trends and go with the flow. We know the battles that happen on the COMEX paper gold market are what really drives the miners in the short term. Let's use that to our advantage to use against the Black–Scholes model.

From Wikipedia:
"The Black–Scholes formula has only one parameter that cannot be observed in the market: the average future volatility of the underlying asset."

This is where we have the advantage as humans, we can "see" into the future to see possible upcoming geopolitical events that may have a major influence on the gold market.