February 12th, 2012
Published Daily

SLW – Silver Wheaton (Last:9.32)

by Rick Ackerman on May 13, 2009 5:27 am GMT

We’re trying to spread off four September 10 calls we hold with a cost basis of 0.69, but so far no buyers have taken the bait. Perhaps if we raise the price it will change our luck:  Offer four June 10 calls short for 0.70, good till canceled. We are not simply getting greedier, since SLW now looks capable of reaching a Hidden Pivot at 10.04 over the near term.



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