Short Silver above 24 with stop @ 24.28. Target low 23 area to high 22. If it doesn't bounce above 24 on Monday, let the trade go.
Comment:
Checked out the options on silver, 3' week november. Specifically, 2075 and 2000. 2075 long put would cost 55$/contract and 2000 short put gives 30$/contract. Max loss is 25$/position whilst max profit 378$/position. You do the math ))
Trade closed: target reached:
Trade closed. New Long signal on 08/12/021