Just thought I'd let ya know my current strategy...

I am having a hard time letting go of the rest of my physical because I am making SO MUCH DAMN MONEY every day! LOL...

So I've come up with a decent trading plan....here it is...

Starting today...I am purchasing a way-out-of-the money put option...with between 1-2 months time value...for every $10 rise in silver....this will eat up about 10-15% of my profits in my physical (for that $10 rise)....but it is great insurance! And because of the parabolic nature of the eventual drop I will likely make more money on the drop than I will on the rise!!

And unlike many silver holders I will not have any restless nights...wondering if that big drop comes at any moment...

In the meantime I am keeping my foot in the door with Natgas with these 2 June call options...with which I am going to leverage in more positions as is fitting... but the chart sure is looking good, eh?

Cheers!