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MaksimFA
May 9, 2016 9:14 PM

Overbought. Short

iShares Silver TrustArca

Description

Just went short.
Comments
MaksimFA
So a solid trade, Silver fell apart. Currently up nearly 100% on my deep in the money PUT options. Debating if to lock in all gains, or let some ride. Will see how it behaves, but currently as long as USD is strong, and there is fear of fed rate hike... not great time for commodities and metals.
MaksimFA
Breaking down quite well. Thank you Fed minutes.
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