Hi 100lbStriper, I bought SLV puts. :) =)... Here is the SLV daily chart: http://stockcharts.com/c-sc/sc?s=SLV&p=D&yr=0&mn=2&dy=0&i=p75014799480&r=1347891023567.png IMHO, SLV is LT bullish and VST to ST in a corrective mode. Best, Bob