02-28-2011, 08:15 PM
I have been making really good money on SLV options since Dec, I took a hit in Jan but put a good in a few hundred extra towards the bottom and am now up about 120%.
I now have 17 options contracts expiring in April for $35 and $38 strike price. If silver dips again I will prob put a grand into AGQ (double leveraged Silver ETF, and of course buy more physical.)
I had some USO options (sold them a few days ago around 40.50). I think something for around july for 45 or so would be a good entry point right now if you wanted to get into USO.
I now have 17 options contracts expiring in April for $35 and $38 strike price. If silver dips again I will prob put a grand into AGQ (double leveraged Silver ETF, and of course buy more physical.)
I had some USO options (sold them a few days ago around 40.50). I think something for around july for 45 or so would be a good entry point right now if you wanted to get into USO.