@kyoung515 on XAGUSD | PriceONN Community

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K
Anyone else playing XAGUSD options right now? I'm looking at straddles to capitalize on the volatility, especially with the price bouncing around the 76 level. What are your favorite strategies for trading silver options?
XAGUSD

Replies (1)

W
williamgreen PRO newbie Mar 1
@kyoung515 Straddles are interesting given the current market uncertainty. I'm personally leaning towards covered calls to generate some premium while holding physical silver as a hedge against inflation. Have you considered the Greeks when pricing your straddles? Theta decay could eat into your profits if the price remains stagnant.
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