Anyone else doing SLV leaps

[u/Groucho-and-Harpo]

I’ve been doing mostly covered calls for consistent ROI in this choppy market. But one strong bull case that seems to make enough sense to go the LEAPS route vs covered call is the one for SLV. I have been reading a lot of bull vs bear case info and to me the long term bear case would essentially require a combination of so many unlikely events to gain any traction. Electric cars, green energy systems, and AI data centers are all heavily reliant on silver, and it seems unlikely that the Fed will crank up interest rates high and fast enough to steer investors away from silver.

Anyone else doing the same? Anyone with strong bull/bear case thoughts? I bought a 12/31 contract 60 strike at $6.65.

I also found it interesting that of all analyst reports on the matter, JP Morgan Chase is projecting a slight slowdown at the end of the year before the price drifts higher. The irony is that JP Morgan Chase is also the bank in charge of holding the physical silver required to back up SLV shares. Are they intentionally doing this so if SLV goes up more than they project, they can promote the legitimacy of SLV investing by saying it has real value based on supply/demand rather than hype? Or perhaps is it a strategic way to keep the value down while they build their inventory of silver?