Question is, is this a correction or reversal
, could be a good opportunity to add further silver
Futures on today’s high.
Oops… ![]()
Only 1:1 I hope. Good luck!
long term or life term?
Me? No no… Silver I only trade Fut for the short term ![]()
81.50 on comex now. never saw such a massive correction. no respite at all
Yesterdays 8pm 1 hour candle was -14%, the biggest 1 hour candle of the past decade. Something major was happening.
shorted 3 puts of goldm 135000pe and 1 put of silverm 220000pe. both the strikes were very far away when shorted. never thought in single day, they will come so close to strikes. now i am fearing, with this intense fall, these strikes will go in the money. But 135k on gold and 220k on silver is still good buy i think
Broke $80
what is happening. 1 dollar fall within seconds
MCX also fails to accept any order. Guess I have to sell holdings to cover unless some miracle happens on the weekend ![]()
never thought my 220k short put would be very close to money in single day when i shorted it at 390k levels
76 broke. 5.5 dollars down in 12 minutes
Can bounce back strongly on Monday.
But now broke $76
Budget day is there. But US markets closed… this is a disaster.
I may get chance to buy all my sold qty back on Sunday. Silver bees at 220 may be.
Won’t Circuit limits apply?
Today etf was down more than 20 percent. So another 20 percent should be allowed I guess. Not very sure. If it’s LC, I will buy at LC.
wont be surprised it again comes to 88-90 dollars again before comex close
Oh God, let it sustain!