with the current state of the financial system, Deutsche bank especially... I feel there should be a spike soon
I plan to sell OTM calls against this and buy the shares at expiration.
looked oversold today and I am hoping for a bounce by friday. limited downside with a lot of upside potential.
I collected $0.23 in premium to help offset my august call and plan to sell calls against my $20 leap moving forward as the price rises.
the bull run has started in the metals and the effect on the minors so far this year has been fantastic!! IMO this is just the beginning.