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re: Anyone buying SLV?
Posted on 5/30/14 at 1:43 pm to Iowa Golfer
Posted on 5/30/14 at 1:43 pm to Iowa Golfer
I sold $20 puts for $1.28. If SLW gets put to me I pay $18.72 to own it. At this price I'm getting a dividend of 5%.
2
Posted on 5/30/14 at 3:36 pm to Iowa Golfer
quote:
I sold $20 puts for $1.28. If SLW gets put to me I pay $18.72 to own it. At this price I'm getting a dividend of 5%.
Nice trade
Posted on 6/1/14 at 10:39 pm to Iowa Golfer
You will be able to buy all you want cheaper than that over the next few weeks, I am pretty sure this slide is going to continue a bit. We will see a uptick here or there but the overall downward trend will march on. Unless we get some horrible economic news or a huge market correction silver still has a few more dollars to shed. Now is not a horrible time to buy silver but it is a pretty shitty time to buy SLV unless you plan on holding a while.
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