by Recyclersteve » Tue Nov 15, 2022 10:06 pm
Based on spot silver being $21.57/oz. (on 11/15 per kitco.com), I could currently sell 7 Mercury dimes for $14.05 (spot plus $6.50 x .715 x .70). That is what someone I know in my area is paying for dimes and quarters. So, with the album included, you didn’t do too badly.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.