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iShares Silver Trust Message Board

  • gregturner799 gregturner799 Apr 17, 2013 6:50 PM Flag

    Just Wondering How many of you have 2000 shares of SLV?

    Just wondering?

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    • got 2K here... bought in 4 different buys from 27 to 36...... average cost is about 28.8..... been selling call options every month to generate some income, so not sure what my true cost basis is at this point.....rough estimate, I've made about $3,700 selling out of the money call options on SLV. everyone who is long SLV and under water should be selling out of the money call options to generate monthly income as you wait for your silver to go back up.

      there's actually a new silver fund by CS that does just this..... symbol is SLVO they sell covered call options and pay a dividend every month.

      Sentiment: Hold

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