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JJWinWin
Jul 21, 2020 5:04 PM

Long SIL call Long

Global X Silver Miners ETFArca

Description

As illustrated. Waiting for pull back.

Comment

So sad. Missed the chance to get in.

Comment

Watching for consolidating a few days.

Trade active

Comment

+115% (1.15R). Hold.

Comment

Sold half at 1.38R and free run the rest.
Comments
stupidGuy
Too late to get in now? :) did not realize that silver was going to shoot up like this , also, what do think about buying LEAPS on SLV / SIL ? thank you.
JJWinWin
@stupidGuy, Yeah, too risky :-((( Glad that I bought SLV Oct call early :-P Just like LEAPS play? Haha.
stupidGuy
@JJWinWin, LOL the premiums on shorter terms are too high now. I have a few nov expiry SLV, which did well today, but after the run up in the last 2 days .. I was thinking if it made sense to go in for longer :D silver has a lot to catch up to gold.
JJWinWin
@stupidGuy, Thinking about the same thing. :-D You totally got it! I will keep an eye on any chance to catch it.
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