Oct 14, 2010

NIA's President Sells SLV Call Options

 
 
NIA's President just sold hit 1,300 January $20 SLV call options at $4.25. He had purchased these options on February 5th at $0.89 and NIA suggested them to you at a price of $0.93.
 
His profit before commissions was $436,800.
 
Because options expire on a certain date, they are high risk and it is important to take profits when you have them, especially if you are up a large percentage like 378%. NIA still believes silver is going a lot higher, possibly to $50 per ounce or more within the next year or two, if we just have high inflation. With hyperinflation, the upside potential for silver is infinite.
 
Neither NIA nor its co-founders are investment advisors. Never take anything we say to be investment advice.


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