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BUY · SLV

Buy SLV by Oct 7, 2026.

M
Moonwalkerqreddit
via r/options
· Published Jul 9, 2026 11:44 · Valid until Oct 7, 2026 · ACTIVE
Entry
$53.30
Now
$50.40 -5.5%
Target
Score
Hey everyone, I’ve been running the Wheel strategy on SLV for a while now, consistently collecting premiums through Cash Secured Puts (CSPs) and transitioning into Covered Calls (CCs) when assigned. Everything was going smoothly until a sudden, early assignment caught us completely off guard right before the recent drop. Currently, my wife and I are sitting on a massive unrealized loss, and honestly, I’m at a crossroads on how to manage this. Here is a breakdown of our positions and …