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<p>[QUOTE=&quot;desertgem, post: 1099696, member: 15199&quot;]Yes, some people have more money than they know how to use. It cost him or some speculating group about .33 a share on the trade and expecting ( praying) GLD drops to at least 122, but no lower than 115, if so, he would earn about $4 a share mas o minos ( options have several factors making hard to predict for sure) . 10,000 put contracts consists of 1,000,000 shares. so $330,000 ventured to earn maybe $4 Million. Could be a different strategy of course. </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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