Tuesday, November 17, 2009

Silver Wheaton (SLW) Update & Options

Silver Wheaton (SLV) has a possible downside risk near term of $14. I just recently suggested to holders of the stock (ITZ PIX) to roll up from a Dec $15 call to a Dec $16 call option. I believe that SLW will be below the $16 strike by opex Dec 15th. Below is a video clip on some other option trades.

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