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TFC Commodity Trading Forum

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

I never posted my experience because my nerves were so rattled....
But....
I am still a bit pi$$ed at myself for not being patient and waiting another day or two on my puts at that time, lol,...I had a $38 put I had paid .22 for and 2 34 puts I had paid .18 and .16 much earlier for....
I 'only' made 8k on all 3 positions (I sold the 38 put early on the first day of the selloff!)
I also had 2 Gold 1650 puts I had paid around 800 apiece that I sold for around 3500.....too early again....
I would have easily cleared 100k total with a bit of patience....I would have been set for life!
Oh well.....

Anyways be carefull selling puts out there....to be on the other side of that kind of a trade would be an absolute nightmare!

Peace to all.....