Point/counterpoint on trading and investing
Also sold upside calls against SLW.April 7.5's for 1.15
I got stopped out of SSO today for 18.8. While we continue to pullback, I don't want to be long until I think we are going to start to move higher again. My "distrust" is extreme in this market!
So you sold one strike in the money calls on SLW. Not a bad move, with the parabolic move on Silver. Are you still unhedged with PAAS, AA, and DXO?
SLW is the only one hedged.MFN, GDX and AUY are going to get called away but MFN was the only one I didnt make money selling calls on.I am going to be down to 5 positions.
Also sold upside calls against SLW.
ReplyDeleteApril 7.5's for 1.15
I got stopped out of SSO today for 18.8. While we continue to pullback, I don't want to be long until I think we are going to start to move higher again. My "distrust" is extreme in this market!
ReplyDeleteSo you sold one strike in the money calls on SLW. Not a bad move, with the parabolic move on Silver. Are you still unhedged with PAAS, AA, and DXO?
ReplyDeleteSLW is the only one hedged.
ReplyDeleteMFN, GDX and AUY are going to get called away but MFN was the only one I didnt make money selling calls on.
I am going to be down to 5 positions.