For those who have previously gained 5-6% from AGQ, and likely to rise even further today towards $63 and higher..
I personally will consider 1/3 position to short in the Spot Silver XAG market when it is nearing $19.90
For e.g. i have $30k worth of AGQ , i can consider shorting $10k worth of XAG...
Our AGQ will have been opened when Silver is around $19.20 - $ 19.40..