Trade Alert: GBTC

GBTC closed Wednesday at $2,382, 18 points below its stop at $2,400. Today GBTC gapped down and is currently trading at about $2,100. Even at $2,100 the October 31st Buy is up 150%. 

By the book, the portfolio is out of GBTC for now. I expect we will go back in well before the current reversal-long level of $3,560.