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      02-23-2013, 01:52 PM   #1276
Hisam135i
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Drives: 335i
Join Date: Dec 2010
Location: Irvine, CA

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Quote:
Originally Posted by slamako
Thanks Vanity-I locked in a profit in TVIX and got out. Thanks for the tip.

Waiting for a GLD, SLV bottom and go.
Will try my first option trades (covered calls and naked short puts) once I get my account authorized.

To All-any advice to a newbie in Options? Should I go directly into a spreading strategy? (verticals?)
If your looking at GLD watch for support at 155
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