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AGOSE97

$SLV Bullish Credit Spread (Oct Monthly)

Long
iShares Silver Trust (AMEX:SLV)  
AGOSE97 Updated   
AMEX:SLV   iShares Silver Trust
Trend Analysis Beyond Technical Analysis Chart Patterns Silver Bullish Patterns Metals Gold USLV SLV options-strategy options creditspread
3
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trendanalysis beyondta chartpattern silver bullish metals gold uslv slv options-strategy options creditspread
Medium term bullish credit spread on SLV ( SILVER ). As silver attempts to break above 14.35 (spot price) we have a unique opportunity to profit on a 1 month bullish credit spread.

Entry 13.44
Max profit 14.50
Break even 13.70
0.26/1 risk/reward
Comment:
Our credit spread is now above break even with plenty of time to make more money!
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