Monday, April 6, 2009

Gold and Silver Straddles Update


This is an update o the gold and silver straddles posted March 30.

GG:
C35:$0.10 (6 calls)
P34: $4.90 (5 puts)
ROI: +31%

GDX:
C38: $0.20 (6 calls)
P36: $3.70 (7 puts)
ROI: +33.4%

SLW (US):
C10: 0.10 (67 calls)
P7.50: $0.45 (40 puts)
ROI: +23.2%

SLW (CAD):
C11: $0.10 (22 calls)
P10: $1.00 (20 puts)
ROI: +11.6%


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