re: Todays day trade

This is what I did for those 500 shares of Gold Corp. I sold 5 options for Jan/14 at a strike price of $27(in the money). Got paid $2.34 a share = $1,170. Also in that time period and if GG pays the monthly div of .05, I will gain another $125. Then also I will be paid the difference of what I paid for the stock which is another $470. Total + to $1765. Not bad of a return on $13000 for 5 months.


Forgot one thing. If the options drop real low from now to Next Jan, I will go in and buy options back and hope for a up swing. I done that a few times to make some easy money.