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Forum - Gurus Answer Questions    Gurus answer your questions about the art of trading.

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From: GrayLeBlanc (Rep: 16)Date: 04/24/2017 18:41
Forum: Gurus Answer Questions - Msg #584Thread #673923044 (Rec: 0)
Sold short DUST May 25c at $5.20. Bought DUST at $26.50 so if it gets called away I'll net 30.20. 15% return in less than a month. If Dust pulls back below 25 I keep all 5.20 of the premium. That's 25% over that time period. If DUST closes between 25 and 30.20 my return will be between 15 to 25%. Gold volatility is higher than oil so the returns are a little higher than oil but most of my portfolio is in oil. 80%

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