Sorry for the absence but I’ve been on holiday and on business travel. In the mean time I have been doing a little training. I purchased GDX at $55 and got called out at $55 for July and made $2.06 per contract on the call options: $205. Today, I bought 100 shares of OIH at $153 and sold the August 2011 $153 strikes for $5.40 to rake in $540.00. Small trade but cash keeps rolling in….
Lastly, I sold my SWN holdings for a cool $400 in profit plus the previous cash in call options.
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