Sandstorm Metals & Energy Ltd STTYF

Added to position

[denisonod]

Picked up another 10K STTYF under .485 this morning. Back to 455K.  Working towards 500-600K.  Also, picked up some SLV and put on a SLV iron condor for Feb.  Merry Christmas to all.

[zentrarianNZ]

For trading dummies like me: "The iron condor is an advanced optyion trading strategy utilising two vertical spreads – a put spread and a call spread with the same expiration and four different strikes. If the outer strikes are bought and the inner strikes sold a long iron condor is produced. The converse produces a short iron condor. The number of call spreads will be equal to the number of

[denisonod]

NZ, correct.  I mostly do oils (APA, COP, and MRO) and SLV or SLW.  Usually do condors less than 60 days out looking to pick up about 20 percent.  Current positions: Feb APA and the new SLV.