Doc Severson takes a look at SLV (a Silver ETF) and shares his analysis of a daily and weekly chart. Doc covers how movements start based on his view of using fractals as well as a potential breakout from a flag pattern. The video is approximately 4 minutes long but jam packed with content!
A couple of strategies covered include:
- selling unsecured puts to obtain the stock at a lower price
- selling credit spreads
- using a debit call spread