Re: silver: is this the ceiling?/Trades

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index

TFC Commodity Trading Forum

In Response To: Re: silver: is this the ceiling?/Ronbo *PIC* ()

Thanks Trades!
Can always use another chart and another opinion.
The main reason I have purchased a couple way-out-of-the-money puts is too gaurantee my price for my physical while I unload some...kinda like a farmer hedging his crop, lol...
But with this protection in place and Silver lookin' like it might head higher maybe I will sell a bit less and wait for $40 and higher...
Either way I am in a good position as I have bought very low and now silver is reletively 'very high' of course...
As I write this silver is peeking above 37.50 again which I did not expect...
Cheers!

Messages In This Thread

Re: silver: is this the ceiling?/Trades

Trouble Ticket Forum Policy

Return to Index