LG, you must be loving NEM today

[whodi]

What strike price did you buy on NEM and what month.

[The Little Giants]

Thank you! They completely blew out their earnings. Plus, Gold hit $800 today. That's another positive.

I own the stock and I own the Jun 2008 "50" calls. Nice action in the calls today as well.

[whodi]

They usually do once it gets over the strike price, Nice call.

[The Little Giants]

Thank you, but i plan on being onboard this ship for a while. So, it could still go against me. But, I guess this ends any double or triple top speculation (right Goods?).

[Goods]

LOL, you are 100% correct my man. Great call!

[The Little Giants]

Seriously, don't crown me yet. I could end up being wrong. Just not about the triple top part. But, I do like it a lot still.

[whodi]

Originally Posted by The Little Giants

Thank you! They completely blew out their earnings. Plus, Gold hit $800 today. That's another positive.

I own the stock and I own the Jun 2008 "50" calls. Nice action in the calls today as well.

Still rolling, calls looking good, up almost another point today.

[The Little Giants]

I may sell a few calls here and there, but I won't seriously consider unloading a significant portion of them until the calls get into the 20's. That is my hope at least.

[The Little Giants]

Reluctantly, I sold a little more than half of my stock and about 15% of my calls today. The run up was so fast that I felt that I needed to take some off the table. I'm hoping and guessing that I'll be able to buy my position back at a reduced price. It may have been a mistake, but it nevers hurts to cash in on some solid profits. I am still holding the large majority of my puts and have no intention on doing any unloading of those because even with a sell off I doubt I'll get much better prices on the calls.

[The Little Giants]

Bought back some of my NEM position and added some calls on a nice pullback here. I will keep an eye on it in the next few days and will add to the position if it drops further.

[The Little Giants]

I added both NEM stock and calls today. This looks like a nice spot to get in. NEM is still holding it's recent uptrend line and even has some wiggle room to the downside, but I dont want to get too choosy.

[The Little Giants]

In case anyone is in on this ride, I sold some stock at the close. With a $2.50 gain in a day, I couldn't help but cash some in. But, I still have plenty of stock and a ton of calls.

[The Little Giants]

Sold some stock and a few calls recently, I'll continue to take profits off the table on any multi-day high. You get a nice premium on the calls when you sell at highs on an up day. I'm done for the day. Enjoy your weekend!

[The Little Giants]

Sold some of my NEM stock towards the close. Wanted to be sure to cash in on such a big up day. I'm still holding all of my calls at the moment. I may take some those off the table if NEM can have some follow thru tomorrow. They are in good shape at the moment.

[The Little Giants]

I sold more of my NEM stock today and also sold about 20% of my calls. The price action on the calls was great today and it's hard to say no to 400% profits, so I will continue to slowly sell into strength.