Hi Coral,

Go ahead, smack me !!

USC: No would not do that, maybe a little nudge, wake up call lol I rather doubt your OTM 18 puts will go ITM. With that in mind you might want to reduce your loss on that position by selling next strike out puts putting some money back into your account to help cover some of your loss as I believe both will expire worthless.

I have 2 March 18 Puts.
Bought one for $105, the other at $75 several seeks ago.
Bought one 20P for $50 a week or so ago on last spike high.

USC: 20 put maybe but still iffy ? Again I would sell a strike or two further out again collecting prem. into your account covering some of your cost on the 20 puts. As the market falls some what you might want to sell calls above resistance to take in prem into your account.

USC: so now you have reduced the risk on the puts you on and a chance of making money on the short calls as Silver drops, Something to consider. This is not a recommendation lol as there is risk in trading futures/options lol.

Happy trading.

USCoralSea