why I just loaded June calls on the silver train

Quote from ForexForex:

He is trading flat, even after todays +1.51% in SLV. Watch SLV follow that chart down to $18.00 starting tomorrow - May 11.

So you're saying boat the load on leap puts. Are you in?
 
Quote from ForexForex:

What do you mean? Post an example.

LOL I mistyped. Load the boat is what I meant.

Are you short in other words? Buying puts on SLV as in your opinion it is going to below $20?
 
Quote from ForexForex:

Big mistake ..... the market always gives participants a 2nd chance to get out after the big peak - today was that day. Two days ago I posted this SLV chart to the end of 2011. As you can we are heading to the $18.00 range during the next few months, plus IV will slowly dwindle.

http://www.elitetrader.com/vb/showthread.php?s=&postid=3177941#post3177941 - The 2nd chance to get out is clearly visible, it's at the 30ish mark just inside the green.

dddd.png


The market doesn't like bag holders.

bag holders :D
 
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