% | $
Quotes you view appear here for quick access.

Yamana Gold, Inc. Message Board

  • goldmanpillageandsack goldmanpillageandsack Feb 19, 2013 2:00 PM Flag

    Selling puts.

    This morning it was time to put some money where my mouth is again and sell some puts on AUY.
    At 15 Yamana is a steal going forward. Was able to get .60 for the March 15's... They expire March 15th...
    Both Great Britain and South Korea are about to devalue their currencies in response to Japan's crushing the Yen...

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I'd join you in the same but I'm out of firepower. Already too big in the metals/miners! I think AUY is one of the few miners that might get a halfway decent pop from earnings in this tough environment.

      • 1 Reply to tattooaj
      • I even got to sell some March 14's late yesterday for .41, so I'm looking good on the put sales. Picking the time to buy is always important. Picking the time to sell puts is usually tricky, but the last couple of days had all the traits of days to be selling lots of puts. Way oversold & coming into a good earnings report...
        As always, time will tell.
        In early January, I did not expect to see the miners get sold off like this...

        Sentiment: Strong Buy

1.99-0.09(-4.33%)Nov 27 1:01 PMEST