SLV: Protect Your Downside Like I Am, With A Collar

  • I'm not a silver bull, but current technicals show a compelling breakout, making this a trade setup rather than a long-term investment. I'm using the iShares Silver Trust ETF for liquidity and options availability, with a tactical position initiated around $33.50. To manage risk, I employ an options collar strategy, capping both downside and upside, aiming for a favorable risk/reward profile.