8 Month Gold Mining Options (Bought 12/2015) Working On Next Batch - Ideas?

in #steemit8 years ago (edited)

For our LLC and portfolio managing, we have had great success with gold and silver mining stocks - especially the CALL options. The stocks were $GORO $IAG $AUY $INP.V $TGZ.V. (3 call options, 2 shares) I still have all of them and plan to hold them until expiration as insurance.

If I get enough feedback or people care, My next post will be for how individuals can set up a cheap way to bet on higher gold. It is call options so they will have to be renewed once a year but for a few cents they can make out-sized returns if gold goes above $2k. I call this "Catching Fat Tails" and "the Antifragile Portfolio".

Except today these basement bargain prices aren't available (paid less than a nickel for each option contract).

I am rotating these profits into PUTS (shorting) restaurant stocks and high cash burning, heavy debt loaded stocks - such as TESLA. I will have a new article on SeekingAlpha for our short portfolio. Feel free to read my past articles on TalkMarkets.

Anyone have any input or what they are looking at currently in the market? Also, What brokerage do you use? Trying to generate value here for Steemit Members who want to start investing or brainstorm or join my investing club.

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