Buy SLV via selling Jun 35 puts SLV @45.4. Support at 40 and 35. As I outlined in my previous post, I don't think there will be an immediate crash in silver. Volatility is at 59% on these puts, so anyone buying these for insurance is paying a hefty premium. I am willing to sell them that insurance, or to buy SLV if it falls to support at 35.
Long EEM, GDX, GLD, IWM, SLV, SPY
TBT/TLT = short strangle on TLT
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