SLW – Silver Wheaton (Last:9.41)

We hold four September 10 calls with a cost basis of 0.69. Wheaton is in a minor downtrend that could hit 8.96, but the larger trends all point higher. Continue to offer four June 10 calls short against our position for 0.70. _______ UPDATE (3:44 p.m.)This one’s getting very close to a fill, so be sure to have your offer in when stocks open Friday (May 29) morning. If the order doesn’t fill in the first three minutes, lower the offer to 0.60.