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Re: GotOptions? post# 32653

Wednesday, 08/17/2011 6:21:06 PM

Wednesday, August 17, 2011 6:21:06 PM

Post# of 33390
Options can be a bugger, Was up 300 since yesterday this week, then the GLD rose around 0.2% and it wasnt enough to impress the options premiums so the entire 300 lost today.

Solution: Buy deep in the money calls, they did not take any hits today whereas the speculative OTM calls did.

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