"Matter fact, I would strongly suggest that he start making payments toward my X-mas present while he's up money."
These are call options. Can't access any profits unless they are outright sold. That would be like killing the geese that are laying golden eggs. I deliberately chose call options to give me more firepower if and when we cross $16 decisively. Otherwise, margin being about $5000, I'd only be able to afford 2 silver futures in place of the 8 calls costing about the same. I can't get at any of that money myself and I'm flat broke, 80 grand in credit card debt and running on just fumes until bills to be paid end of month. Gotta sell some hay bales quick to stay afloat and buy some cat food. Run a rescue ranch with 44 cats.