Hello, friends! I’m excited to share some observations on Silver.
Yesterday, I came across a couple of intriguing portfolios focused on this metal.
The first one is an aggressive call spread at $40-$40.25, while the second portfolio is a "butterfly" spread, positioned slightly lower.
Both portfolios are designed to capitalize on price movement, but the first one could yield a threefold profit with just a little push in its direction. The second one, however, will require some time and ideally needs to reach around $38 by the end of April.
From a technical standpoint, the chart shows a "spring compression", which often leads to the emergence of such portfolios. While I don’t place too much weight on predictive elements, the sentiment remains bullish.
Stay tuned, plan your trades and let’s see how this unfolds!
Always do your own research but do no hesistate visit us to leverage the comprehensive analysis from our team to enhance your trading advantage! 💪💼
Yesterday, I came across a couple of intriguing portfolios focused on this metal.
The first one is an aggressive call spread at $40-$40.25, while the second portfolio is a "butterfly" spread, positioned slightly lower.
Both portfolios are designed to capitalize on price movement, but the first one could yield a threefold profit with just a little push in its direction. The second one, however, will require some time and ideally needs to reach around $38 by the end of April.
From a technical standpoint, the chart shows a "spring compression", which often leads to the emergence of such portfolios. While I don’t place too much weight on predictive elements, the sentiment remains bullish.
Stay tuned, plan your trades and let’s see how this unfolds!
Always do your own research but do no hesistate visit us to leverage the comprehensive analysis from our team to enhance your trading advantage! 💪💼
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.