Screen Shot 2015-11-18 at 4.55.47 PM

I’m looking to put on a silver trade tomorrow. It looks as if silver has bottomed, at least in the daily time-frame and is now due a bounce. I would love to see $17, but $16 makes the trade worthwhile with a 20%+ return over 3 weeks.

I’ll place a spread trade, to minimise [loss] risk and try and leverage any upside using options.

So below is the trade.

The time-frame is obviously critical. I’m looking at Week 4 expiry for this trade. This is the least capital that can be risked, for bigger trades simply add options.

Screen Shot 2017-05-09 at 9.58.12 AM

Advertisements