My objectives are different than most. I have to live on this money right now. So I have to invest in flyer's with a bond investor mentality, hence my touting covered calls all the time.
I may daytrade a portion of my stash but I don't feel comfy more than a few minutes at a time. If you're looking for Max Pain, the March call and put total is so close across three strike prices, I don't know where the smart money is anymore.
Somebody is loading up in anticipation of option expiration and end of month investing. Up 3% in a no news, silver flatish day, I don't trust the obvious anomolies I can ascertain, so I will be nimble because it is easy to get crushed $1.50 in nothing flat, as we didn't "earn" the half buck yesterday so who knows what forces are at work.
The market looks down today, overseas taking a fresh look at Greece for some reason it ignores every other day, and silver is flagging with overseas markets.
CPI will provide fresh insight into inflation facing joesixpac, it needs to be a goldilocks number in order to continue the make believe rally.
Tomorrow is quadruple witching, the original "March madness."
I'll know more about today when the CPI comes out and premarket reacts. If at all, just toes in the water for me the best of times.
http://stockcharts.com/h-sc/ui?s=SLW:SLV&p=D&yr=0&mn=6&dy=0&id=p11763974812 this chart shows the performance of slw relative to silver, which is a pretty decent leading indicator of the slw stock price. The ratio nearly broke down into a downtrend with the 10 ema falling to the 20 and the 50 ema, but it just bounced up off that conjuntion and is heading up, with plenty of room to run on the stocastics, and a trend strength as denoted by the adx, which is currently weak but getting stronger. Also the money flow relative to slv, has been very negative but its now trending in the right direction. So all and all things look pretty good for this stock and I am in accumulation mode.