An option is a financial contract that gives the holder the right but not the obligation to buy and sell it at a predetermined price.
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A Primer On Options
http://www.biblemoneymatters.com
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The Big Gold Play Results
http://www.joetaxpayer.com
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The results of my suggestion on how gold bugs can use options to supercharge their returns. GLD etf was up 27%, my option play, up 300%
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