Coral is proving his inexperince at options.
His arrogance just will not let him let go of this subject.
One would be wise to stay away from selling naked options in silver because of these reletively rare suprises that can destroy you financially.
Here is one example, this silver option traded at $150 (.03) one day and then traded at over $30,000 (6.00) three days later. Does this sound like a reasonable risk/reward ratio?
You can however sell SPREADS to drastically reduce risk.
But stay away from selling naked options and sleep well.....
