SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.40+0.5%Feb 2 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (222732)2/2/2026 2:39:26 AM
From: GROUND ZERO™   of 222792
 
So, gold and silver are down this morning as of this moment...

I gave it a lot of thought and I think the spread is the way to go since the risk is less than a net long AGQ position no matter how light that position may be...

This way, I can hold the spread and then not give a hoot what the market does...

If the silver market actually does crash further down, then it will generate a good profit and if the silver market decides to run right back up, then it will generate an even better profit...

I will calculate the actual ration the moment I put on the spread but it looks like it's just about 4 to 1 at the moment...

At the top just a few days ago the ratio was about 12 or 13 to 1, so that spread even at the top would have done okay...

So, here we go again, and this low risk strategy is the hidden beauty of this kind of spread...

GZ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext