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<p>[QUOTE="desertgem, post: 2688040, member: 15199"]Continuing my Straddle to bull paper trades ( post 1015 and 1085) I had converted the straddle after gains became good on the put side, and bought a lower level for GDX Call @ 23 ( when GDX stock was around 22) and GDX ended @23.26 today. Since these CALLS only had until Friday, I sold 2/3 of them and purchase some into April, but that won't be part of the original straddle I began with, so I won't bother the forum with them in the future. I do still have the GDX24 of the original straddle, but those are only worth about 10cents each now now ( was 2 cents last week), and that would only leave me about 3 cents each after fees. so if it stays there, I will just let expire , But if GDX hits 24.4 or higher in next 2 days, I will be the luckiest guesser I guess. </p><p><br /></p><p> As someone mentioned ( as we can't discuss politics) most of the movement is the fates of several major policies reform. Stability ( no matter the direction) supports a strong USD. Instability the opposites (in my opinion). Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2688040, member: 15199"]Continuing my Straddle to bull paper trades ( post 1015 and 1085) I had converted the straddle after gains became good on the put side, and bought a lower level for GDX Call @ 23 ( when GDX stock was around 22) and GDX ended @23.26 today. Since these CALLS only had until Friday, I sold 2/3 of them and purchase some into April, but that won't be part of the original straddle I began with, so I won't bother the forum with them in the future. I do still have the GDX24 of the original straddle, but those are only worth about 10cents each now now ( was 2 cents last week), and that would only leave me about 3 cents each after fees. so if it stays there, I will just let expire , But if GDX hits 24.4 or higher in next 2 days, I will be the luckiest guesser I guess. As someone mentioned ( as we can't discuss politics) most of the movement is the fates of several major policies reform. Stability ( no matter the direction) supports a strong USD. Instability the opposites (in my opinion). Jim[/QUOTE]
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