Options Oracle: 03/01/2012

SLV is showing a clear upward sloping channel that is pointing right at our gap target point of $38. The plan here is simple; Buy the January 2014 30 Leap calls and wait until the target price is reached. From there we will be able to determine whether to turn this into a diagonal calendar spread or just take the profits off the table.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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