Wednesday, March 19, 2008

MDP

I've never signed up for options. I keep telling myself to get involved. Goldfinger does well with it. I'm gonna send in the application and hit you guys up with some help.

This is a mess. I was upset that I had booked profits in almost all my miners the weeks leading up to the cut when we got past $1000. Thanks God I did cause I think they're gonna pull back hard.

2 comments:

mdp said...

Just so you know I am excited about this blog...I momentum traded using valueline for years. Then started writing calls against my portfolio for extra income, with a learning curve...lol.

Say you had a average cost of skf of say 120.00 at todays 112.00 you could write a covered call against your shares for 9.00 a share. Making up to 120.00 plus the 9.00. Of course if it goes to 150.00 you dont make the gain but you are out without losing although it ties up money for a month..

mdp...im by no means a expert

mdp said...

The above is for writing for april...forgot to add

mdp