Thanks for pointing that out. I knew what volatility was, but not being a trader, never paid much attention to it. But of course just common sense told me silver was very volatile right now compared to what it was two to five years ago.

I'm dumb as an ox when it comes to options. I know how to do covered calls as I did that somewhere back before 2010 on some tech stocks I owned (back when later I discovered I had been lucky rather than smart - a very well learned and profitable portion of my "investing" career).

All I do is look at what the market is offering and see if it is a large enough number to interest me. If it doesn't put a thousand dollars in my account I just am not interested. In my GTC orders I try to do enough shares (usually 1-3 lots or in other words 100-300 shares. I like that amount because 3000 dollars is the minimum to put into the Vanguard money market account at a time.

So the delta, the gamma, all that crap I have no idea. I am at the mercy of the smart guys pilfering the market. I just know if I would be happy selling at the strike price and if there are enough dollars involved to get me interested. I'm a dumb guy in a smart guys market and just taking what I can get because of the volatility and popularity in the market. Just..........dumb...............luck. And I am fully aware of it. But I get to keep the proceeds no matter what happens bringing in interest earned and I really don't care one way ot the other if I get called out my shares. If I do, I sell them at many multiples of what I paid. If I don't I will speculate on IDR. Maybe they will be the ones that go to 200 a share and open a huge open pit mine. At any rate I will only sell via calls out to maybe a thousand shares. That will be my "mad money moon shot" should they actually become a big "thing" in mining (most mining companies more resemble shooting stars). A few weeks ago I already sold enough shares to multiple pay for all my shares cost and will get to share that with Uncle Sam in 2025. So the remaining shares, not an insignificant amount, owe me nothing.