iShares Silver Trust
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SLV - Taking some money off the 2020 table

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As mentioned in previous posts, I have been in the process of rolling out my option position to 2021. As I have been adding, this is an opportunity to take a little bit off of the table from the 2020 position. Sold just enough at this point to cover the cost of my 2021 purchases made during the past couple of weeks.
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BTW, the 22-26 2021 call spread is up to $0.41 from $0.32 and the 20-25 is up to $0.64 from $0.51. Both up about 30%. Watching volatility levels is sometimes as important as watching price, especially when playing options on the long term.

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