I have a few SLV call options and hold a few hundred USLV as well as a couple miners.
So, yeah, I am expecting silver to do well at some point in the near future. But every time it gets going it gets beat down...
I have a few SLV call options and hold a few hundred USLV as well as a couple miners.
So, yeah, I am expecting silver to do well at some point in the near future. But every time it gets going it gets beat down...
Be careful with those leveraged funds. They often have high carrying costs and typically underperform in a flat market due to contango in the futures they hold. I'd day trade them, but never hold over night. I was trading an oil ETN that got shut down in 2009. That was an expensive lesson for me. View a chart of USLV from 2012 to see what I mean.