iShares Silver Trust

SLV - Looking for possible top

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Looking at a weekly view, SLV might test the 14.80 level (and fail as always). Looking for a move down to 12 or lower by the end of June. Long my LEAPS and physicals but have been selling options a week or two out on every little pop. It's been paying off as SLV has been dead lately. Will sell June 19 $11 calls if we get up to 14.80

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