Re: bot 2 Nov. natgas call options/KT
You are right KT, I made an error...the price never got over the previous day's high so it was just an 'inside day'.
I still like these prices however so I am continuing to buy long-term calls...today I purchased another 2...these were Nov. 520 calls for 2 grand apiece...any more purchases will be of this nature to avoid the pitfalls of short-term volatility....
I hope you are right about silver dropping some more...I did not get a chance to purchase another put yesterday, I thought we would make it to $41 or so on a 50% retracement...but I am still holding a June $34 put...I have priced it at 400....You think it's gonna make it to test the $30 level in time? Before this option expires on the 24th? I sure hope so...
I like posting my trades on the forum as it helps me be a bit more thoughtfull about my trading and seems to help level out my thinking process putting it out there on record...
I appreciate any input you have regarding the short-term movement of silver at this immediate juncture...
Cheers!