Replies to post #299 on Selling_Options

[viking86]

Or you could sell puts @1200 if you think gold will be up?

[ZombieSecurityAgent]

I traded a lot of NUGT options 2013 Spring time and it's a beautiful day trader calls and puts. Be careful long calls, the backwardation and contago means it has decay over time. That's why it gets so cheap and they have to do reverse splits from time to time. Also, the NUGT board had some of the smartest NUGT traders out there.

ANYWAY! Best of luck and Jack be nimble, Jack be quick. Don't fall in love with it. ;-)