First Majestic Silver Corp. (AG)

[slimhere]

Pretty easy, I sell ten contracts below what AG is trading at, so that would be the 12.5 contracts.

Sell to Open 10 AG Nov 05 2021 12.5 Put Market 0.33

I use TD-Ameritrade, they charge $6.50 for the trade, if AG is trading less than 12.50 next Friday, I'll buy a thousand shares at 12.50, even if it's trading for ten bucks. However, if it's trading for twenty bucks (where it should be) I get to keep the $330.00 less their commission. This week I'm going to buy at 13.00

I watch the price of silver listed on Barrons plus iShares Silver Trust, SLV, I love that Keith didn't sell his silver, that tells me that someone is toying with our share price, plus Keith has enough money to run our mines. I'll keep buying AG, sooner or later, Silver is going to shine and whomever is shorting AG is going to be sorry.

Roots, I think I've been doing this from 18 or so, perhaps higher. I also do the same with SLV, funny thing about that, I hardly own any SLV compared to AG. (sold 22 puts for about $240.00)

IMO, when AG reported the extra gold in the last quarter, AG should have move (as in jumped) up in share price, something stinks. IMO