Lucky's LEAPS

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luckyd1976

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I'm going to start covering some LEAPS in here for those MidTerm/LongTerm traders. Strategies Used will be that of either Buying Stock out right, DITM, and or Debit Spreads.

ie... May 4th 1439 EST USA

luckyd1976 said:
I know Im sticking my neck out on a long term view but Im taking a LT stand on BAC today.

It's grossly undervalued!

Price $17.52
B-BAC Jan12 15 Call 5.30
S-BAC Jan12 30 Call 0.82
Net Debit 4.48
2.36 to 1 risk reward ratio
Click to expand...
 
GLD
I'm watching and deciding on taking a LongTermview that Gold is coming down...

Havent pulled the trigger but I feel Gold cant sustain these high levels throughout the 2011/2012 years because the Fed (US) will start to raise rates soon to curb. and By years end 2011 JAN12 gold will be lower.
 
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