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Silver Futures - May 24 (SIK4)

Real-time capital.com
Currency in USD
Disclaimer
28.745
+0.365(+1.29%)
Closed

Silver Futures Discussions

There is a massive accumulation of July 16th Call options for SLV and most Silver Miners. The age of cheap silver may be ending.
 Every open position has a long and a short.   And you've no idea what those positions are paired with.   Long out of the money calls are generally poison but at the money or in the money can be quite profitable or used as hedges around a trading position.   This is why large open positions have such gravity at expiration day.
yea yea ... BUT things do NOT always happen the same as they usually happen .... so those 28's may be in the money by THIS Friday ... I quit trading them years ago ... but I throw a few bucks down from time to time since I quit betting on sports ... you know ... after the pro sports joined the Mar/xist revolution ... plus there is NO JUICE ... anyhow ... I am shocked how many of those june and july 28's are out ... someone can easily wish like hell they did not sell those ...
 Perhaps.  July has a lot of activity.   Market tends to trend towards the heaviest positioning which would put price at $25 SLV on op-ex in July, or about 27 futures.   It's 8 weeks away though.    Most options expire worthless over time, you are correct.   New traders often make mistakes with them and do not couple them with long / short positions, other options, or trade against them.
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