Last weekend, I wrote: "Goldcorp is a gold miner I like. Two weeks ago I recommended writing two Goldcorp July 12.50 puts (GG=SV) @ $0.70, and simultaneously buying the April 12.50 calls (GG=DV) at $1.20. Goldcorp GG closed Friday at $13.69, up 2.3 percent on the past two weeks. "

Today Goldcorp closed at $14.99. I rang the bell. Ka-ching!

In fact I let it ring for a while because it was that good. Besides tomorrow I have to leave at 7:30AM to visit my parents for the day and circumstances there will not be as enjoyable.

Today it was my hearing test (I have permanent damage btw from an underground gold mine incident, and the test confirmed that). Then Thursday morning I'm scheduled with a pre-op meeting with the doctor who will do a colonoscopy in a few days.

So life gets you at both ends.

My Mom will pass away in a couple days I fear, from colon cancer, as did the majority of her large family, so I get a thorough exam frequently. Tomorrow I'm going to have a heavy heart, so I don't know where else to look for a smile except the capital market.

To get that smile, I closed out the gold trade. The two short puts were bought in at $0.30 for a total gain of $0.80, given that I took in premium of $1.40 on Feb 18. Not bad. Then I sold the call, which I had bought -- also on Feb 18 -- for $1.20, at a selling price of $2.50 (it closed the day $2.55 bid), for a gain of $1.30.

So if I take the gain on the put trades of $0.80 and apply that to the cost of my call, the cost base on the call is $0.40.

With my selling price (two weeks and two days later) of $2.50, that's more than six times my invested capital in 12 trading days.

I'll give that a six-bell rating.

Actually, the important point is that I set it up with the background so you could understand it. I monitored it for you regularly, so you could follow and learn. Then I closed it off because, as I told you, I have to leave town for the day " and with a heavy heart I really need to head into tomorrow as upbeat as I can manage.

If I were going to stick around I may not have made that trade, but I want to educate people, which is a little hard to do if you keep losing money for the audience " like those guys and gals at CNBC.

But then CNBC TH's are really not trying to be helpful are they?

BCara@BillCara.com

p.s., I haven't turned bearish on gold. I merely want to point out that traders take profits. Put the money in the bank.

I'll be watching the USD and gold for all the points expressed in the past few days. It's an exciting place to be, but I feel that Goldcorp was getting a little rich (rumor of taking out Kinross) and I know there are better stocks (but not companies) around.