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TFC Commodity Trading Forum

Re: Silver: Sell puts,strikes..CAUTION!

Selling silver puts can be hazordous to your financial well being.
I have personally witnessed Oct. puts (back in that last major sellof in Sept.) that were valued at .03 one day and then were worth MORE THAN 6.00 4 days later! ($150-$30,000 in four trading days flat!)
I witnessed it and traded it. (I had 2 Oct 34 puts that I sold too early for only a $8k profit each)
Good luck to option sellers in this market....sleep well.....lol....