Jeff alert. He tends to get in too early. Gold has skyrocketed so attempted a put option anticipating it go down. But gold kept going and so missed this up royaly. I got in at .86 and then 1.5 weeks later averaged down and bought another at .22 for my current average. But as the decay rate destroyed any hope of this working, today gold was finally going down, but not enough to make a difference in the rate so I just got out for near 100% loss.