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 Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Salt'n'Peppa who wrote (166370)3/27/2012 2:46:15 PM
From: Big DogRead Replies (1) of 178675
 
On a lark...bought some IOC April 55 Calls. Implied Volatility is pretty low (for IOC) at about 53%. So, I figure IOC is due for an upward pop, which will in turn bump up the volatility for a double whammy. At least the volatility is probably not going to go lower (famous last words).

Mostly just something to watch and play with...but...could happen.

big
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