Hello Investors,
We discussed precious metals today. How to value them as a currency. Historical ratios of Gold vs Silver and so forth. As such, while Gold has boomed, Silver has been the better buy over the past few years. In addition, we have sold another short put on CCJ. We used a little of the money to buy a share of PYPL. The details as follows:
Only to be done if willing to own 100 shares of stock at 75/share.
Sell to open: CCJ Feb 20th (monthly) 75.00 strike put
Credit: 1.15
Used some of the money to buy 1 share of PYPL.
Bought 1 share of PYPL at 60.31/share