Surfing Silver With The Superleverage Power Of Options Hotline

silversurfer

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. Continue reading

Hi-Yo Silver, +107% in a Month!

loneranger

by Steven Sarnoff

Long-tarnished metals miners have been shining in 2016.  Central bank shenanigans are weakening the US dollar and spurring precious metals prices.  Over the short-term, silver may need a pause to refresh.  But the overall character of the behavior of share price movement tells me silver is setting up for a nice long run.

In my Valentine’s Day missive to Options Hotline subscribers, I recommended readers get on-board a silver streamer via a call option on Silver Wheaton Corp. (SLW).  This morning, I sent an Alert to take multiplier profits of +107% in just over a month, with an always known and strictly limited risk!

Let’s take a look at how that trade developed.  As you can see on my weekly candlestick chart of SLW, February saw price break above the negative, debilitating influence of a downtrend line.  That positive price action fortified underlying support (demand) and set the stage for higher prices down the road.

slwweekly

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