[Option Stocks]

1. Symbol--GLD--I am buying 10 contracts of this stock. I am buying at the ask of 3.10, and at the out of the money strike of 120.00. I believe from all the mess that is going on in the economy, that Gold is the safe place to be right now!
Buy To Open 10 GLD Jul10 120 Call SPDR GOLD TRUST 100 Market Day Order



2. Symbol--FXE--I am buying 10 put contracts on this. I am buying at the ask of 2.66, and at the out of the money strike of 119.00. Until Europe gets stabilized, this is a good option to place a put on. It rose sharply on Friday!
Buy To Open 10 FXE Jul10 119 Put CURRENCYSHARES EURO TRUST 100 Market Day Order




3. Symbol--XDE--I am buying 10 put contracts on this. I am buying at the ask of 2.66, and at the out of the money strike of 119.50. This plunged almost 22.00 on Friday.
Buy To Open 10 XDE Jul10 119.5 Put US DOLLAR SETTLED CURRENCY EURO 100 Market Day Order

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Penny Stocks to put on your radar!

1. FLMG
2. SLTZ--GOING UP
3. SPHT
4. VIVK--GOING UP
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Hello everyone, due to last Friday's reactions in the markets, I am turning bearish on the market until things start to turn around overseas. Hungary is the latest country in Europe that is looking like it is becoming another Greece. Country after country may be going to get rocked, it is just a matter of time. If you want to take a stab at the big European banks then these are the ones to look at that are in trouble at the moment, and it may get worse before it gets better. UBS, DB, STD, BBVA. Let's see what happens with the markets in the morning!