Re: March Silver Puts #5 / Lee/Hal

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In Response To: Re: March Silver Puts #5 / Lee *PIC* ()

Hi Hal,

Thanks for the thoughts !!!
I certainly don't view your comments as:
"
simply the ramblings of a Crazy Canuck here, lol... "

I was "crazy enough" to get into it in the first place.

I clearly never thought the 18P would go ITM, nor even the 20P. I was looking for them to go up and trade out.

The more I followed the behavior, the less confident I became of the ability to "trade out" unless SIH dropped substantially.

Assuming I could successfully "trade out" at last trade price I wouldn't lose much. So, at moment, worth hanging in there.

These suckers don't trade anywhere near as actively as I expected. Seems to be all components of various spread positions.

Still a lot of time left, so I will hang in there.

Thanks and Good Trading,
Lee

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Re: March Silver Puts #5 / Lee/Hal

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