In today's From Theory to Practice, Silver continued its remarkable run, reaching as high as $89.20 before settling around $87.80. Dr. Jim analyzed options data showing the 100-strike call for silver with 14 days to expiration had a 21 delta, indicating a 42% probability of touching that level.

For trading activity, Dr. Jim closed a Nike position purchased a month ago for $2.50, selling it for $1.09 after the stock recovered from a significant drop. He also established a new SPX butterfly position (69.45/69.10/68.75) for tomorrow's session at $4.80, anticipating potential market volatility from an upcoming Supreme Court ruling on tariffs.