SLV - ishares Silver Trust

Transcription

1 Timeline Astrologer's Fund View Levered ETF's Sep Exp 9/18/09 Buy SLV to mid-february Long AGQ 2nd Week October Double SLV position for 3 weeks Short ZSL SLV - ishares Silver Trust Theoretical $P/L and % P/L of Various Long Strategies at Jan 15, 2010 Source: The Bloomberg Jan 12p / 13 c Risk Jan 12 p / 12 c Synth Strategy (1 option) Initial Cost Jan 12 c $1.75 Jan 13 c $1.30 Reversal $0.25 Long $0.60 Stock (100 Shares) $12.56 SLV Price 1/15/10 $ P/L % P/L $ P/L % P/L $ P/L % P/L $ P/L % P/L $ P/L % P/L (30) (23) (75) (43) (130) (100) (25) (100) (175) (100) (130) (100) (25) (100) (70) (117) (56) (4) 11 (175) (100) (130) (100) (125) (500) (170) (283) (156) (12) 10 (175) (100) (130) (100) (225) (900) (270) (450) (256) (20) 9 (175) (100) (130) (100) (325) (1300) (370) (617) (356) (28)

2 SLV - ishares Silver Trust

3 Timeline Astrologer's Fund View Levered ETF's October 27, 2009 Sell Gold to November Expiration Long UGL Short GLL GLD - SPDR Gold Trust Theoretical $P/L and % P/L of Various Long Strategies at August 21, 2009 Source: The Bloomberg Aug 90 c / 90 p Short Stock (100 Strategy (1 Option) Initial Cost Long Aug 87 P $1.00 Long Aug 90 P $2.15 Aug 93 c / 87 p Collar.15 Credit Synthetic Short.15 Credit Shares) $90.19 SLV Price 1/15/10 $ P/L % P/L $ P/L % P/L $ P/L % P/L $ P/L % P/L $ P/L % P/L 106 (100) (100) (215) (100) (1285) (8567) (1585) (10567) (1581) (18) 102 (100) (100) (215) (100) (885) (5900) (1185) (7900) (1181) (13) 98 (100) (100) (215) (100) (485) (3233) (785) (5233) (781) (9) 94 (100) (100) (215) (100) (85) (567) (385) (2567) (381) (4) 90 (100) (100) (215) (100)

4 GLD - SPDR Gold Trust

5 GLD - SPDR Gold Trust 30day Maturity Option Implied Volatility - 90% Strike vs 110% Strike

6 Timeline September 18, 2009 December 15, 2009 Astrologer's Fund View Short Gold Mining Stocks Long Gold Mining Stocks GDX - Market Vectors Gold Miners ETF Theoretical $P/L and % P/L of Various Long Strategies at September 18, 2009 Source: The Bloomberg Se 36 c / 36 p Short Stock (100 Strategy (1 Option) Initial Cost Long Sep 34 P $2.20 Long Sep 36 P $3.20 Sep 38 c / 34 p Collar.05 Debit Synthetic Short.30 Debit Shares) $35.93 SLV Price 1/15/10 $ P/L % P/L $ P/L % P/L $ P/L % P/L $ P/L % P/L $ P/L % P/L 40 (135) (100) (320) (100) (205) (4100) (427) (1425) (407) (11) 39 (135) (100) (320) (100) (105) (2100) (327) (1091) (307) (9) 38 (135) (100) (320) (100) (5) (100) (227) (757) (207) (6) 37 (135) (100) (320) (100) (5) (100) (127) (423) (107) (3) 36 (135) (100) (320) (100) (5) (100) (27) (90) (7) (0) 35 (135) (100) (220) (69) (5) (100) (135) (100) (120) (38) (5) (100) (135) (100) (20) (6) (135) (100)

7 GDX - Market Vectors Gold Miners ETF

8 GDX - Market Vectors Gold Miners ETF 30day Maturity Option Implied Volatility - 90% Strike vs 110% Strike

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