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November 14th, 2009, 08:43 PM
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Selling Gold...up about $6600
I like selling Gold in December at 1098 and placing my stop at 1115. I also like buying a February 1120 Call option at 39.00

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Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
Last edited by matthew : November 15th, 2009 at 12:47 PM.
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November 15th, 2009, 01:41 AM
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Correction on previous trade
I'd like to do something a little different. Instead of buying one call option I want to buy two February 1120 Call options at 39.00. Instead of entering the market at 1098 I want to enter it a 1097. I'm also not going to place a stop. I think the market will continue to rally. What happens on this trade is the two options will cover the future contract. If we don't get filled on the short future position we profit on the option. If silver starts to sell off we will dump one of the options....if it continues to sell off we will dump both.

__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
Last edited by matthew : November 15th, 2009 at 12:48 PM.
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November 16th, 2009, 02:12 PM
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Making great profits on the options on gold. We want to look at preserving the profits and lowering our stop.
__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
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November 23rd, 2009, 09:29 PM
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making great profits on the gold options. The market will sell off shortly.....look to make money on the futures. I've exited my short futures position and will re position it in the next couple of days.
__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
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November 24th, 2009, 10:14 PM
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We're are up a good amount in the Gold options. What I want to do now is short the market. I still think it's on it's way up....just a dip in the market.
I may place a similar trade and just add to our option positions.
I'm basically going to place the same trade as I initially did. Purchasing two call options at .5 and shorting a futures contract. If I place this trade it will be after the holidays.
Let me know what you guys think....post some feedback within the forums.

__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
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December 5th, 2009, 12:23 AM
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Alright we made about $6600 on this trade. We exited the options a while back at 72 on both.
I never placed another trade we didn't short the market. Really volatile market. I will be looking to place a trade here shortly though.
__________________
Trading futures contracts carries a high level of risk, and may not be suitable for all investors. Before deciding to trade commodities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
http://www.commoditiesview.com
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