Seeking Alpha

  John Hancock Financial Opportunity Fund (BTO) - NYSE

  • Ricardo Espinosa | Send Message 8 Mar 2012

    BTO 75 HAL March 34 calls @1.07 & 50 GLD March 134 calls @1.57.
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    • nasalpancho | Send Message 8 Mar 2012
      : Its basically triple GDX -- GDX getting to $55 is not a big leap
    • Ricardo Espinosa | Send Message 8 Mar 2012
      : That´s true, just watched the graph, it´s very similar to GLD´s, just gaining momentum to go to its pivot, at least, 23.56 for NUGT.
      BTO vs. ETF Alternatives
      Company Description
      The Fund's primary investment objective is long-term capital appreciation and moderate income as a secondary objective. Under normal circumstances, at least 80% of the Fund's net assets will be invested in equity securities of U.S. and foreign financial se