Silver is up over 3% today, a clean break-out of its corrective downward sloping channel from the October 2024 top. I am recommending at least a 1/2 position in SLV calls with the intention to add another 1/2 position should upward momentum continue in the days and weeks ahead. By going out to April, we give up a little leverage, but have the luxury of 77 days for this play to unfold. SLV Price target $35-$41 SLV Recommended Strikes - April Expiration Highlighted strike (Apr 17th $30C) will be added to the PRO Options Portfolio. If SLV reaches price target zone these calls are up 5X to 10X.
