iShares Silver Trust
Long

OPENING: SLV AUG/SEPT 15.5/13 CALL DIAGONAL

109
... for a 1.89/contract debit.

Metrics:

Max Loss on Setup: $189/contract
Max Profit on Setup: $61/contract
Break Even: 14.89 versus 14.93 spot
Debit Paid/Spread Width Ratio: 75.6%

Notes: Taking a directional shot on SLV weakness here. Will look to take profit at 20% of what I put the trade on for ... .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.