Surfing Silver With The Superleverage Power Of Options Hotline

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by Steven Sarnoff

My Options Hotline subscribers doubled their money in just one day, today!  Here’s how they did it.

Option buyers are the only ones who have the Superleverage power to use OPM (other people’s money) to profit from changing prices, with an always known and strictly limited risk at all times.  Options also allow sensible speculators the opportunity to profit from stock moves both up and down.

Such has been our experience this year, using shares of silver streaming company Silver Wheaton (SLW) as our proxy for the precious metal.

If you think shares are going higher, you may buy a call option.  Calls give their owners the right, but not the obligation, to purchase 100 shares of the underlying stock at a specified price by a specific date.  If you think shares are going lower, you may purchase a put option.  Puts give their owners the right, but not the obligation, to sell 100 shares of the underlying stock at a specified price by a specific date.

Earlier in the year (from Valentine’s Day to St. Patrick’s Day) Options Hotline subscribers used the Superleverage power of calls to profit from silver breaking the negative influence of a down trend and moving higher (see my March 17 blog post, “Hi-Yo Silver +107% in a Month!”).

The SLW March $16 call, triggered 02-16-16 at $1.50, traded 03-17-16 at $3.10, +107% in just over a month.

After a pause, silver started heating up over the summer.  As you can see on my daily candlestick chart below we used call options to catch another leg up, nearly doubling our readers’ money again, between July 11 (Pt. A) and August 2 (Pt. B), in a short amount of time.

The SLW September $25 call, triggered 07-11-16 at $2.52, traded 08-02-16 at $4.95, +96% in just over three weeks!

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This week my headline on Sunday was, “Set For Selling In Silver” and our recommended put play on Silver Wheaton is another shining example of how we keep our readers a step ahead of the crowd.

Last Friday’s negative black candle line, right at resistance told me that sellers had the edge and were poised to push the share price lower.  Our recommended put option was triggered early on Monday (Pt. C).  Shares began to slip.  Today’s session saw a slide.  SLW fell 10% and I sent out a profit Alert to Options Hotline subscribers (Pt. D), as the recommended option reached multiplier status in just one day!

The SLW December $26 put, triggered 10-03-16 at $1.75, traded 10-04-16 at $3.50, +100% in one day, with an always known and strictly limited risk!

This one joins the ranks as our 9th officially triggered multiplier this year and 221st in my 205 months as Options Hotline editor. I can’t guarantee that all my recos will become multipliers, but I do promise to continue to do my best each week to find options winners for my great subscribers.

That is the Superleverage power of my method on display.

 If that is the type of options action you’re looking for, click here to subscribe today and see how we keep our readers a step ahead of the crowd.

Best regards,

Steve

 

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