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re: SLV

Posted on 12/11/13 at 11:12 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 12/11/13 at 11:12 am to
I gather everyone on here is pretty smart. I enjoy reading and discussing this stuff.

It wasn't my intent to talk down to anyone. I don't think you said that, but I just wanted to clarify.

I'm a huge silver bull. Long term, own the bullion. I do like to trade also, and my favorite trades are usually very complex derivatives trades.

Right now I have a 17 options spread, designed for the gov't shutdown/debt crisis for Feb/Mar. It involves, DJX, SPY, QQQ, VIX and VXX. I also bought and sold futures contracts on all of these, and options on the futures contracts.

On the VIX this guy had a similar idea
also designed around February:

LINK

He has a bit more skin in the game than I.
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