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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Crazy-Crazy What To Do?

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GoThunder
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 Posted 08/09/2011  10:48 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply

Quote:
hoping to get back into SLV when it goes further lower.


Yeah I'm still holding 300 shares of SLV with Aug 20th puts for downside protection. I sold 400 last week at $38.44, looking at buying some or all of that back...maybe with the spot price around the 36-37 range (35-36 on SLV price).
Edited by GoThunder
08/09/2011 11:02 am
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macmercury
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 Posted 08/09/2011  4:10 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Jackpot at the market! Glad I took my friend advise.

GoThunder,
SLV didn't go low enough for me to get in, missed by 10ΒΆ. Perhaps in the morning! But I don't know if I need to adjust tonight, need to see Asia/Europe trading.
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GoThunder
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 Posted 08/09/2011  4:27 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
I didn't either, but I did take profits on my puts in SLV.
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