Breakout Multiplier Taking a Shot at Silver By Steve Strazza May 20, 2025 This post was originally for paid members only. It has since been unlocked for informational purposes and does not constitute financial advice.If you're not a member, sign up here.Silver is coiled up perfectly and looks ready to rip. I think this trade is literally leaving the station right now. I’m going to use the ~25 delta calls, but bring the timeframe down on one of the trades to make sure we hit big if we nail this entry.First up, let’s play the metal itself via the iShares fund $SLV. I’m buying the $SLV 6/20 $32 calls for roughly $0.30.I’m also buying the $AG 7/18 $7 calls for roughly $0.18.The First Majestic calls will give us more time and plenty of juice. This is one of the most direct leveraged vehicles for betting on silver.Sorry, there are no charts for this one. We wanted to get it out fast. We’ll send a more detailed note later. More from Breakout Multiplier Steve Strazza Vale Hits a Double October 22, 2025 Steve Strazza A Hard Trade in Software October 21, 2025 Steve Strazza Double in the Bonds October 21, 2025