Archive for October 6th, 2006

Friday, October 6th, 2006

GDX & Canadian Dollar

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Get Rich Slow + Get Rich Quick = Get Rich Slick. If you’re new here, you may want to subscribe to my RSS feed. I wanted to offer a little more info on why I purchased GDX and [...]

No Comments » - Posted in Money Trades by RichSlick

Friday, October 6th, 2006

GDX Trade

Yesturday I picked up 100 shares of GDX at $34.25 and sold the November $35 strike/call for $1.50 (GDXKI). The net return here is 4% (including commisions). We’ll wait and see how GDX pans out on November 17 (options expiry) but that’s not a bad return for 42 days. If I [...]

No Comments » - Posted in Money Trades by RichSlick