written by reader Silver Options Play

by prmadm | May 10, 2013 1:54 pm

I’m looking for a good way to capitalize on a possible comeback for silver[1]. I’m thinking about buying SLV near-the-money option calls (either $23 or $24) with a strike date of JAN 14. My only concern is that the shares may trend downwards further in the near term which could provide a better entry point for me. To be honest, I’m not a savvy investor of precious metals. Any suggestions as to if this is a good move at this time or not?

Endnotes:
  1. silver: https://www.stockgumshoe.com/tag/silver/

Source URL: https://www.stockgumshoe.com/2013/05/microblog-silver-options-play/


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