" I guessed wrong and saw my $48 calls go to almost zero."

I feel your pain rook, I'm still siting with a 60$ call on RIM which im pretty sure will never ge there. ON the bright side, i have till September on the down side i'm down 90% of its value LOL. Maybe i should stay away from options.

So I'm hoping to make up my cash in SGR.

I think the only difference is that I'm not long on GOLD. I see us sticking around the 1400 - 1600 for a year or 2 at the most but after that i see it dropping like a tank.

Im trying to stick around just long enough to make some cash, come Summer 2012 I'm probably dumping most of my gold stocks. Of course I'll re evaluate it when we get closer.