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RE: Monday Market Madness.....

in LeoFinance5 years ago

Obviously, with the physical silver all sold out and the premiums rising to a pre-sell-off level of $18, this is a paper selling drop......I would look into a Sept/Oct SLV Call (In the Money) Options selling for about 1.25 per lot. Money in the bank

Posted via Steemleo

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I don’t touch paper contracts or the stock market anymore. I took a beating during the dot com disaster

Posted via Steemleo

Couldn't say I blame you as I got bit playing the same game after 9/11........but I believe this situation with a physical shortage in silver and the long time period in-the-money calls would be a good play

Posted via Steemleo