Silver Options are less risky than futures because they don't have a "margin call". Like Stock Options you pay a premium to use someone's Silver for a short period of time. This is usually in 30 day increments:
Silver Options are leveraged money. When You buy an Option on Silver you will control much more silver than if you bought the metal! This makes Options the ultimate leveraged speculative investment as the dollar continues its decline:
With Silver Options, you are only interested in making money on market fluctuations over the next few months. You are only RENTING the Silver!
PUT Options: Put Options give you a guaranteed buyer at a set price (say, $20 per ounce). You buy your option and silver goes down $1 per ounce. If you bought "in the money" you can sell the option and pocket the difference!
CALL Options: Call Options are bought buy the person that sees the market price going up for silver in the near term. Thus if silver went from $20 per ounce to $21 dollars he would make about $1 per ounce he controls.
