Trade Continuation: SLV Naked Puts

Today with SLV down to ~ 26 I continued the following transaction in a taxable account:

12/22/2011    STO 8 SLV Dec 30 2011 26 Puts @.09                     55.94
12/29/2011    BTC 8 SLV Dec 30 2011 26 Puts @.38                  -320.05
12/29/2011    STO 8 SLV Jan 21 2012 25 Puts @.7                    +553.88

Well silver had a nice little crash party thereby hitting the strike price of my naked puts. I could have exited the trade for a loss but I liked the setup to roll down to the 25's for a net credit of $233.83 (plus I wasn't willing to put my undefeated status on the line..ha). If these expire worthless we will make $289.92 in 30 days on $4000 of margin maintenance. That's a 7.2% return on margin (ROM) or 87.5% annual. Of course we don't have much breathing room on this trade and silver could continue it's weakness. I get the feeling that once we make it past the new year that SLV will find a bid. It's amazing that the dollar is strong but it's better than the alternative...the Euro.