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Alias Born 07/06/2005

Re: None

Monday, 11/25/2013 1:55:09 PM

Monday, November 25, 2013 1:55:09 PM

Post# of 650852
Is it just me or are the metals and miners WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAYYYYY oversold now?

I put EVERY available penny into SLV April $20.00 calls at $0.98-$1.00 this morning. Risky, yes. But this removes all options to day trade for me and I can sit back and hopefully reap the rewards of silver's climb back up starting in 2014. It's amazing to me that the April (5+ months out) options only have a $1.80 premium right now. $20.00 Calls selling for just $1.00 is pretty decent IMO. Silver just needs to get to $22.00-$23.00 before then to make this a great trade. I believe we are VERY close to a bottom, if we haven't made one already.

Best of luck to all and have a great Thanksgiving!
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