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re: Anyone buying SLV?

Posted on 6/16/14 at 2:58 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10358 posts
Posted on 6/16/14 at 2:58 pm to
Selling $20 puts on SLW proved to be smart. I bought to close today for a couple of pennies.

On the SLV 18/19 synthetic long, I've bought to close almost all the puts I sold at profits, and am starting to sell to close the calls.

I'm leaving money on the table, but I laddered the trade all the way to 2016, and really don't want to have to manage it until then.

5 digit profit on these trades.

Ca ching.
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