noahkeene

SLV Long Term Breaking Out

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AMEX:SLV   iShares Silver Trust
SLV looks like it is about to go much higher on a long term chart. The rounded curve of the chart makes me extremely bullish. I will be buying Jan 2023 $28 call options around $3.60 come Monday 5/9. I am choosing to buy long dated options because I want to give this plenty of time to play out. I am thinking 10x on this trade given enough time. Once the SLV price reaches high of $45 I will be taking some profit and letting the rest ride!
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