And just sold half of my SLV 17’s. Probably a bad idea as this rally has the appearance of having legs, but I gots my Gunslinger Rule that says anytime you have a trade up 47% book some earnings.
I know, kinda wussy of me. 🙂 The good news, especially if this rally runs, is that the remaining 1000 calls are paid for and scott free. ( Thank you banksters). And I have a whole lot of cash on the sidelines now if they want to beat the PM’s back a little.
Great trade Richard640 and thanks for sharing the idea of those SLV options. My trading account just hit an all time high because of your suggestion.
Edit Ps)Â That ‘Saudi Straw’ may turn into rail road tie if things keep going.