03-30-2020, 10:03 AM
Not sure if this counts as conservative or not, but compared to my recent options forays, it feels like it.
Bought 400 shares of SLV @ 13.23, Sold covered 5/1/20 13.50 Calls against it for a quick 6% premium.
Silver may continue a downturn in the near term as an industrial metal, but I'm thinking the endless money printing eventually brings it up from decadal lows.
Bought 400 shares of SLV @ 13.23, Sold covered 5/1/20 13.50 Calls against it for a quick 6% premium.
Silver may continue a downturn in the near term as an industrial metal, but I'm thinking the endless money printing eventually brings it up from decadal lows.