Previous Entry Share Next Entry
Closed a few calls
shigsf wrote in silver_traders
Closed a few SLV calls today, still holding more than 2/3 of them, but up 90% on the bunch as a whole, and felt it would be somewhat insane not to take a bit off the table.

  • 1
Did buy some more physical silver today, though, Apmex had Sunshine Minting 10 oz bars on sale at $.99 / oz over spot (any quantity). Figured why not snap up a few.

Both decisions (selling some of the calls, and buying some physical) make sense to me. Since options have limited life expectancies, locking in gains along the way seems sensible enough.

  • 1

Log in