Replies to post #14805 on iShares Silver Trust (SLV)

[12thman]

I wouldn't waste your money on going THAT far out of the money. I try to find the cheapest priced options that will most probably be "in the money" or even close. ALWAYS take profits, don't hold out for the big gains as they rarely come... I'm buying GPL January 13 $2.50 calls at a dime each right now. It's a steal imo.(Disclaimer - always consult a financial professional before trading options as they carry additional risk and may expire worthless)