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Cashing out On Options in GOLD – the trade, the stock

Tuesday Sep 8, 2009

It’s funny that I felt I had to clarify that this is not ‘Cash4Gold’ although it actually is!

Options, Sep 60 calls go from 1.79 as listed below to 12.20 right now as I type. for a 681% move.

We are cashing out. If you wish to see how far GOLD can go (and there is nothing wrong with that) then we would put a stop at 69.90.

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