iShares Silver Trust (SLV)

[GreedyAgorist]

Speaking of call options, I was able sell August 7 26.00 for over 50 cents. Thanks for the rally. It has been a long wait for this recovery. I bought back in too early in 2013 (after selling a chunk of silver in 2011 right around the top*), and then lowered my average last year with some trades. Because of last year's action, my broker shows me a big gain for my remaining shares, but I know better. I still remember my entry strike price from 7 years ago. Happy to be able to risk giving someone the option to call these away for more than that. In ten days we will find out if I should have been even more patient.

*that is a story in itself (thanks a lot, Great Britain, for making me miss timing the top perfectly).