LGL
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0.86% $1.74 lynch group holdings limited

I've bought some forward calls at 3.75 and 4.00 at 1.5-2.5c....

  1. abacusnsw
    868 Posts.
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    03/11/09
    17:19
    Post #: 5867592
    I've bought some forward calls at 3.75 and 4.00 at 1.5-2.5c. Like you I thought thge price of these is okay given the volatility of the gold stocks at this time. A bet to nothing (already holding the stock) if they go south, but could spike to 300-400% within a couple of good days if significant moves. The 3.50 call I think was about 8-11c for December or January.
    DC
    LGL Price at posting: $3.17 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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$1.74 		Change
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