Long Silver

I spotted the breakout in silver, entered with LEAPS, and called for a move to $100. The move happened much faster than I anticipated, so I took profits as it ran, with many lots up more than 100% and the final lots I sold up close to 1,000%. After the parabolic move, I warned that this type of action is usually followed by a violent unwind. Days later, silver had a historic crash, falling roughly 30% in a single day.