Sold SLV Sep 19 2025 $30 Put (87 DTE)
Continuing to accumulate silver during 2025. Fed will keep printing, so I will keep buying SLV and GLD.
On June 24, I sold the SLV Sep 19 $30 put for $0.51. I’ve been accumulating silver during 2025 as an inflation hedge. This is a conservative play to continue to build my position.
Here’s the full setup:
Entry
Sold SLV Sep 19 2025 $30 Put (87 DTE)
SLV250919P00030000
Opened: June 24, 2025
Entry Price: $0.51
Exit Target: $0.01 (To Close)
Underlying: $32.455
Buffer: 7.57%
Breakeven: $29.49
Max Risk: $3,000.00
Return: 1.67%
Prob. of Win: ~78.52%
Profit Target: $50.00Trade Thesis
The gold–silver ratio isn’t just elevated—it’s flashing opportunity. Historically, when the ratio pushes above 80, silver tends to mean-revert aggressively. Today, we’re hovering near 90. That’s despite silver’s recent rally and despite a surge in industrial demand. It’s a signal that silver hasn’t even caught up yet. Gold already made its move—hitting all-time highs this spring. Silver is still playing catch-up. But in this kind of macro environment, catch-up can turn into breakout fast.
Because the truth is, the Fed hasn’t solved inflation. Rates are high, yes. But so are deficits. So is housing. So are input costs in just about every industrial supply chain. Even with CPI cooling on the surface, stickier categories—services, rents, insurance—aren’t budging. And the longer the Fed keeps rates elevated without bringing inflation all the way down, the more they box themselves in. You don’t get to hold 5% policy with 6% borrowing needs forever. Eventually, something gives.
In that backdrop, hard assets become more than just inflation hedges—they become policy hedges. Gold has already priced that in. Silver hasn’t. And with industrial demand tightening the float and ETFs reloading positions, the supply side isn’t prepared for a wave of investment flows. If the Fed cuts, silver runs. If inflation sticks, silver runs. If both happen? That’s how you get to $40, $50, or higher.
So no, we’re not chasing the move. We’re positioning into it. Selling puts at $30 with the intent to own—because the setup favors silver, the macro regime favors silver, and the ratio is still doing most of the talking. It’s not about calling a top in gold. It’s about seeing that silver hasn’t started yet.