SI is oversold on RSI and MFI, but indicators can go lower just like the last dump. If it breaks support, it definitely will.
Got SLV Aug puts I bought last week and next week's puts that I bought Tuesday. Gonna just sit on that and see what happens.
Not really sure I'd recommend shorting it with indicators oversold, but I think it's gonna drop.
Got SLV Aug puts I bought last week and next week's puts that I bought Tuesday. Gonna just sit on that and see what happens.
Not really sure I'd recommend shorting it with indicators oversold, but I think it's gonna drop.
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Decided to reposition myself, sold all my puts and went into next Friday's ATM puts with just the profits.If it pops up tomorrow, I'm adding back in, if it tanks tomorrow, I'll make just as much money since I went into a larger quantity of ATM puts. In any case, I can't lose any money now.
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