
It seems like just yesterday when I last wrote about the iShares Silver Trust ETF (SLV) and how its price was flying higher. It was 10 days ago. But it’s already time for an update, and to share an additional option strategy, one I executed personally during the frenetic holiday season melee that was SLV’s rise.
On Monday, silver prices and the SLV fell again, even faster than they rose, before turning back around. Once again, these modern markets, with the dominance of algorithmic trading and retail investor participation, have turned what used to be a months-long move into one which spans mere days.