Consider buying a put option on December silver futures as prices hit a record high. Safe-haven demand and U.S.-China tensions are driving prices up, but history shows prices near $50 don’t last. Buy well-out-of-the-money put options with a downside target of $40 before December expiration. Stay informed and trade responsibly. Jim Wyckoff is not invested in the mentioned securities.

Read more at Yahoo Finance: 1 Options Trade to Make Now as Silver Looks Ready to Top Out