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Randgold Resources Limited Message Board

  • akak99567 akak99567 Aug 13, 2013 12:27 PM Flag

    Make 20% on Gold Miners ETF next month

    DUST (Gold Miners 3X Bear ETF) dropped from $105 to $62 in the past 4 trading days and now is bouncing back.
    Our expectation is that gold price will pull back half way in the next 5 weeks or if it it continues to go higher, profit taking will take place and bring the price back down.
    The best way to make money on gold in the next 5 weeks is to buy DUST September in the money call options.
    Tuesday August 13rd, 2013 at 11:55AM ET
    Holy Trade of the month:

    Take profits on NUGT (Gold Miners 3X Bull ETF).
    Buy DUST ( Gold Miners 3X Bear ETF).
    Spread Option Trades:
    Using a two leg option spread order, simultaneously sell DUST September 45 Put and buy DUST September 40 Put for a credit of $1.00 or better.
    This trade brings 20% profit for holding a little over 5 weeks for an accumulative annual profit of well over 200%.
    This trade has 87.32% chance of winning .
    Your maximum risk: $500 per option
    Maximum gain: $100 per option.
    The only way to lose on this trade is for gold price to pop another 15% in the next 5 weeks, which is almost impossible after this week 10% rally.
    Gold price has NEVER moved more than 25% in any one month period!
    By selling bull put spread, the seller expects both options to go worthless on the expiration day.

    Holystocks dodkom - The holy grail to unholy profits

 
GOLD
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