Silver (XAGUSD)

Short

Silver short

Updated

Short Silver above 24 with stop @ 24.28. Target low 23 area to high 22. If it doesn't bounce above 24 on Monday, let the trade go.

Comment

Checked out the options on silver, 3' week november. Specifically, 2075 and 2000. 2075 long put would cost 55/contract and 2000 short put gives 30/contract. Max loss is 25/position whilst max profit 378/position. You do the math ))

Trade closed: target reached

Trade closed. New Long signal on 08/12/021

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