At least four more years before stabilizing.

I'm starting to suspect that you are not yet capable of projecting out that far. Any further explanation from me will be pointless.

The GLD short puts that I bought at the beginning of the week are now closed and additional Jan '12 long calls have been opened. Bullish vertical put spreads due to expire in September are maintaining neutral Theta. Now, I let them sit and patiently wait because the daily gyrations are largely irrelevant.