Date: Wednesday, 30 November 2011, at 8:58 am EDT
Here is something worth paying attention to.
Silver: Look to sell puts with strikes at the $16, $17, $18 levels on any further weakness in silver prices. A dip below the $30 level in silver futures would seem an exceptional opportunity for selling put premium. There is still plenty of premium available in the March contract which should offer rapid time decay.
James Cordier & Michael Gross
Contributing Writers, Liberty Trading Group/Optionsellers.com
Optionetics.com ~ Your Options Education Site
As posted the March Silver puts yesterday is already losing option premium. Watch this market as the option sellers will probably do well in this short position. Learn to sell options.