Gold & Silver Options Pyramiding – Risky and Very Profitable StrategyMay 16, 2012, 6:35 PM by Przemysław Radomski CFA
This essay is not about ancient Egypt, nor about the great architectural creations of Central or South America. This article is dedicated to one of the riskiest and most lucrative strategies ever developed. It might be particularly useful for gold and silver speculators who dare to massively boost their profits.
In this essay the term ‘pyramiding’ refers to the strategy of purchasing OTM (out of the money) options, selling them when they are “in the money,” and using the proceeds from this transaction to quickly purchase another set of options (...).