Well CEF isn't one for Options but as I said at the cheap price that it does typically sell for all the time someone wanting exposure to Gold AND Silver cheaply this is a good ETF to buy and hold without using up much trading capital. BUTTTTTTTTTTTTTTTT price still is at its downtrendline resistance and has not broken out yet despite both Gold and Silver reaching new rally highs from recent selloff lows. "Resistance is still Resistance." A pullback to 21.10 would be a better buy and if missed and it rallies higher and soars there are still other fish to fry. Silver and Gold love to entice, seduce and sucker in traders and then plunge. That's just the nature of them. They've been doing that since Silver hit over $50 over a year and a half ago and Gold hit over $1900 and then plunged as well. A lot of money was lost all the way down. Never forget the 20 year bear market from 1980 that destroyed thousands of traders and investors that were 'believers'. So caution and a good 'strategy' is always necessary with either of them. They love to bite everyone in the ass at some point.