Buying Swing: adding GLD 108 puts at .97 and GLL stock at 9,
Posted: Wed Mar 10, 2010 1:28 pm
Buying Swing: adding GLD 108 puts at .97 and GLL stock at 9,82 OVERSIZED . Here this effectively doubles the bearish gold bets and keep in mind according to my strategy a stock position equated to 5 times the money allocation of a options position due to the risk disparity between stocks and options. So this makes the overall monetary commitment on the stock side very aggressive .as expressed on the last email today on all bounces my strategy is to accumulating to the bearish gold bets.