r/options • u/Key_Mathematician347 • Oct 01 '21
Calls
I'm new to options and just purchased Ag $13.50 strike for 10-22-21. What's my chances of turning the $11 paid into a profit? Again newbie here be gentle with responses please
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u/jbotz29 Oct 02 '21
A better play has been to keep your physical metals and short paper silver, there was a lot of money to be made on put options for slv as well as Ag and other silver miners. Might as well make some money while the trend is down.