Between now and Monday's Open there is a lot of potential for big moves in stocks indices (down), precious metals (up) and oil stocks (up). Here are the option positions we are holding going into the weekend, all of which are tight holds, at least until Monday, Monday ("...can't trust that day). Noteworthy is that two of the above positions have triggered their respective trailing profit stops, GLD (+225%) and SLV (+35%). Note also that the best performing options (bottom three in table) are all in same sector: Precious Metals. Let's look at the 2-Day charts of GLD and SLV and suggest new positions, if needed: GLD 2-Day Breakout, suggestive that Wave 5 is in play. SLV 2-Day Breakout, ditto. April Options Expiration These are aggressive bullish call strikes based on ongoing Wave 5's in both GLD and SLV. If instead, Wave 4 is unfolding in a multi-month corrective mode, expect to be stopped at -50% in both positions. The upside if Wave 5 has started is well into triple digit returns, 5 to 10 baggers each, i.e., risk 50% to make 400%-1,000% GLD SLV
