@MsMorrisine said:
i want to buy but the premiums are too high
Then buy the paper. That way you can trade it, hedge it, and create an income stream.
I have now been forbidden from buying silver by the other half.
Put a little gold around her neck and all will be forgiven.
FWIW----bought SLV yest at 23.66..sold this weeks 24 call for 90c this morn. If its over 24 on Friday close i make 5%. Not bad for a few days work. How much is that annualized? If its under 24 then i keep SLV and the 90c, in effect lowering cost to 22.76. Repeat weekly.
The call essentially creates an income stream and a bit of a hedge against price decline. Thats an advantage physical cant match.
Can be a great way to add a few % to annual returns. Same for selling puts, especially if on a stock you wanted to buy anyway.
So many ways derivatives can be used to enhance returns and protect principle. But like with any tool, one who is afraid of them will surely get hurt or misunderstand their uses and benfits.
Can be a great way to add a few % to annual returns. Same for selling puts, especially if on a stock you wanted to buy anyway.
So many ways derivatives can be used to enhance returns and protect principle. But like with any tool, one who is afraid of them will surely get hurt or misunderstand their uses and benfits.
Yeah, and timing is everything with leveraged bets - and let's be real - they are indeed leveraged bets.
Silver is off almost 10% on the day. Now, that's what I call volatility. Expect more of it from this point forward.
does anyone know why the italics don't always work?
Q: Are You Printing Money? Bernanke: Not Literally
Comments
Funny how much $3 bucks in either direction makes (lol). I like this direction MUCH better than the other direction.
Mike
MIKE B.
I love covered calls
Can be a great way to add a few % to annual returns. Same for selling puts, especially if on a stock you wanted to buy anyway.
So many ways derivatives can be used to enhance returns and protect principle. But like with any tool, one who is afraid of them will surely get hurt or misunderstand their uses and benfits.
Knowledge is the enemy of fear
I thought that I would dust this thread off and repeat it again
OUCH!!!
Guess it buying time again (although I have never stopped).
Just love Pre-33 USA Gold
MIKE B.
Opportunity knocks even harder.
HE>I
Can be a great way to add a few % to annual returns. Same for selling puts, especially if on a stock you wanted to buy anyway.
So many ways derivatives can be used to enhance returns and protect principle. But like with any tool, one who is afraid of them will surely get hurt or misunderstand their uses and benfits.
Yeah, and timing is everything with leveraged bets - and let's be real - they are indeed leveraged bets.
Silver is off almost 10% on the day. Now, that's what I call volatility. Expect more of it from this point forward.
I knew it would happen.
they only work if there is not a line space between them.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
they only work if there is not a line space between them.
Got it. Thanks!
I knew it would happen.