Investors in iShares Silver Trust (SLV) saw new options become available today, for the July 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SLV options chain for the new July 5th contracts and identified one put and one call contract of particular interest.The put contract at the $22.00 strike price has a current bid of 72 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $22.00, but will also collect the premium, putting the cost basis of the shares at $21.28 (before broker commissions). To an investor already interested in purchasing shares of SLV, that could represent an attractive alternative to paying $22.23/share today.
July 5th Options Now Available For IShares Silver Trust (SLV)
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