I know how you feel. Man this stock makes you sweat ! Last...

I know how you feel. Man this stock makes you sweat ! Last November I averaged in to 400 contracts long when stock was trading between 9 & 10. I took the $13.50 strike with expiry out to December this year so although I have time its a challenge being just out of the money and watching time melt away the value. Thinking about hedging by selling the $20 calls to recover my premium. Volatility on the GDX and GDXJ is compressing so there will be a big move soon but its hard to know which way. Sentiment on Gold is about as low as it gets and commercials in futures are moving from short to long so I think the break will be up but we could just as easily go on with an extended trading range which is like watching paint dry. Good luck to all those NCM longs and lets hope the half yr financials put a fire under this thing.