OPTIONS PLAY: GOLD, YET ANOTHER RECORD HIGH

Comex Gold makes another All-Time high trading over $1100/ounce.

MY ANALYSIS

Fundamentally, COMEX GOLD continues to be the leader on the board making new RECORD highs on a regular basis. In the midst of an unemployment rate of 10.2% COMEX GOLD is like a run away freight train. This seems like an amazing opportunity.

Technically, COMEX GOLD is giving a very strong buy signal. See daily chart below.

                                    WE ARE BUYING CALL SPREADS IN COMEX GOLD!!

OPTION PLAY

FEB COMEX GOLD-$1095/OUNCE

OPTION EXPIRY-JAN 26TH

CONTRACT SIZE-100 TROY OUNCES

LEVERAGE FACTOR-$10=$1,000

BUY FEB 1150-1200 BULL CALL SPREADS

We also buy in a 3 to 1 ratio an outright PUT in case the market makes a MAJOR move against us.

FOR 25 PROVEN OPTION STRATEGIES CLICK HERE:  http://www.zaner.com/3.0/mmck.asp

THE BEST SERVICE I CAN OFFER YOU AS MY CLIENT IS WHEN TO GET IN AND WHEN TO GET OUT!

Call or email me with your phone number for a detailed explanation of the strategies 312-277-0115 or mmckinney@zaner.com.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.

The limited risk characteristic of options refers to long options only; and refers to the amount of the loss, which is defined as premium paid on the option(s) plus commissions and fees.