There’s an interesting post on Investor Place today.  The other points out that Silver is nudging a
long-term resistance level within a year-old channel.
He offers one way of playing this – an option trade on SLV (the iShares Silver Trust ETF).

Trade: SLV September 18/19 call spread.

Target Entry Price:

Right now the spread is paying about 57 cents or so. I think an
aggressive limit order at 59 cents has a good chance of being filled.

Exit Forecast:

If the assurances the Fed Chairman made on Friday about the U.S.
economy are taken seriously by traders over the next two weeks, this
trade should play out nicely. However, we would not expect SLV drop
below $17 a share. Therefore, we would exit if the underlying met that
price in the near term.

Read the article