As Lennar (LEN) breaks down, the second half of the Lennar November 40 put hit $2.10. That’s a 75% gain from a $1.20 price since September 17, 2014.
You should consider selling to close this position to secure gains.
Hold all other positions, including the silver trades using the SLV. While these positions are down, silver has become too oversold, in need of reversal to the upside. We’re holding.