They definitely do not always expire worthless, these options have massive potential when the correction kicks in and inflation goes into top gear the Fed will not be able to arrest it and there will be a stampede into these beat up money banks of silver and gold. it's a narrow door.
with silver the better leveraged position from here over gold and these options increase that leverage many times more.
you don't need a massive amount in it once the screw starts to turn.
imo the markets may well have topped last week and this could get real interesting from here.
Ann: Drilling Commencement at Barabolar, page-28
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