Zachary Scheidt

Rising Silver: Four Ways to Play

At this point it looks worthwhile to look at some long-term silver calls. (I suggest calls on SLV). The January out of the money calls have relatively small amounts of premium and if this move in silver truly does turn out to be a monumental move (which I believe it will be) the calls will quickly be in the money and accurately track gains in the price of silver. If, however the price of silver does NOT trade higher, you are only out the premium you paid for the calls.

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