InvestorTan
2023-12-12
I closed 50 lot(s) $SLV 20231215 21.0 PUT$  ,Closed out half of my Put option to secure my capital investments. Will let the other half of my positions run.
SLV PUT
12-12 22:53
US20231215 21.0
SidePrice | FilledRealized P&L
Sell
Close
0.30
50Lot(s)
+233.07%
Closed
iShares Silver Trust
Trade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • JohnnyYoung
    2023-12-13
    JohnnyYoung

    Silver crash. Watch out!

    • InvestorTan: 
      Its a put option. 😉yes, am hoping it crashes further.
  • ChrisColeman
    2023-12-13
    ChrisColeman

    So you’re gonna hedge it?

    • InvestorTan: 
      Not at the moment. Hedging means capping my returns. Trend still show downward movement. BUT, FOMC tonight might change the game. Lets see what happens at 3am, 14 dec.
  • Karthik87mit
    2023-12-13
    Karthik87mit
    @InvestorTan Selling a put option is bullish outlook right? but you expect down trend? sorry for silly question
    • InvestorTan: 
      Glad you asked: I opened the position by buying a put option. And closed out the position buy selling the put option. This is unlike most traders who are selling covered put options.
  • AdamDavis
    2023-12-13
    AdamDavis

    Guess more people will short gold and silver yeah

  • Fenger1188
    2023-12-13
    Fenger1188
    👍🏻
Leave a comment
8
1