NaughtyPines
Long

OPENING: SLV AUG/SEPT 15.5/13 CALL DIAGONAL

AMEX:SLV   ISHARES SILVER TRUST ISHARES
... 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 ... .

Comments

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