Archive for September, 2010

Closed Position on SLV (Silver ETF) Options – Made Small Profit

Sunday, September 26th, 2010

Silver ETF - SLV chart for Jun - Sept. 2010 trade
In previous post on MoneyAccumulator.com I wrote about the CALL options I bought on SLV (Silver ETF) for expiry of January 2010 with a strike price of $19. Well, I recently sold the options contract when the SLV ETF reached the price of $20.60.

This is a preview of Closed Position on SLV (Silver ETF) Options – Made Small Profit. Read the full post (236 words, 1 image, estimated 57 secs reading time)

Posted in ETF, Economy, Money, Option Trading, Stock Trading, Technical Analysis, Trading Psychology | Comments Off

Silver On The Move Above $20 – iShares Silver Trust (SLV) ETF

Thursday, September 16th, 2010

iShares silver ETF (SLV) on in demand

About 3 months ago, I bought contracts in iShares Silver Trust (SLV) ETF kind of as an experiment or litmus test to see my hunches are correct.

If the stock market and economy falters in the next 3 months by January 2010 SLV contracts with a strike price of $19 will make some money as long as the contract price exceeds my break even of $2.10. Currently the contract price is at $2.23 (Sept.16, 2010).

This is a preview of Silver On The Move Above $20 – iShares Silver Trust (SLV) ETF. Read the full post (225 words, 1 image, estimated 54 secs reading time)

Posted in ETF, Economy, Option Trading, Technical Analysis, Trading Psychology | Comments Off