SLV trade's at around 91% of physical silver spot price, or around .91 ounces per share. Which is why SLV is currently around $59 per share and Silver is around $65 an ounce.
So far technically I'm short 400 shares and plan to accumulate another 600 for a total of 1,000 or 10 PUT contracts, technically a short position.
I don't necessarily need Silver to crash in the next 2 months for Max profit I just need it to drop a few bucks ASAP and I'll happily cash out even with just a 50% to 75% gain.

Thanks for your attention to this matter..

Edited by Harry213
Today 18M ago