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re: Anyone buying SLV?

Posted on 6/5/14 at 10:17 am to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 6/5/14 at 10:17 am to
I read your earlier post about the trade but it is a bit complex for my blood, good luck. The silver market has been very weird this week. The mints have lowered the price over spot and The big sellers on Ebay have done the same. This usually precedes a price drop but the price is rising. WTF Bought a few bars this morning so we will see.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 6/5/14 at 11:08 am to
The one options trade is designed to make money on a move either way without it being a neutral trade.

The ladder synthetic long is kind of like this also.

Rarely do exotic options trades make money unless you really know what you're doing, but the SLV trade really did seem like a no brainer to me, and it has time to move, so I did it.
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