Trade Setup Estimated 400% (SLV)

When SLV hits $20.70 to $20.80 either 10/30 or 10/31

Buy November $21 calls on SLV for 0.50-0.55 c

We exit the trade in 5-7 trading days when SLV hits $22.50

In around 0.50, out at around $2.00

Thank me later..

I did this Trade Aug 8th ($1820 into $6300) by Aug 28th

 

Thats November 22 Expiration Calls. $21.00 strike

 

10/30, SLV, bto nov 22 strike call at $.48, see what happens,
also sold nov 21 strike put at $.22

 

Until Silver fills that gap 20.73-20.95 on the daily chart. If that gap gets filled with a hollow red candlesticks on solid volume, them i might even double my position.

 

We are filling the gap today. I TOLD you to wait. Damn.

 

PreMarket Low on SLV is $21.00
The gap is 20.73-20.95.

 

Once we get there to $20.70-$20.90, we will chop around the area for about a week. Still looking at the $21.00 SLV calls. When I enter I will post immediately.

 

SLV $20.87
very close to filling the gap and nitting my target. Standby for long calls.

 

You meant today or TODAY, not sure which you mean

 

lol i thought we were, but only hit 21.00 even
the gap is 20.73 to 20.95
20.87 is the low today