Whenever we exit a position due to a 50% stop, whether hard or trailing, I will suggest holding onto some of the position, even if only a token amount, "just in case." Today is one of those days where just in case comes into fruition, big time. Premium Service Unexpired Calls (Excluding Gold & Silver) Noteworthy are the two huge PLTR winners, both now deeply in the money. It's time to take gains and rollover into new strikes, which was already addressed in yesterday's update. Let's make it official: Its time for rolling over one or both of the PLTR calls into out-of-the-money strikes, one in Jan, one in Mar, as highligted in the tables below. Money Management: With such huge gains, in the neighborhood of 5X returns, consider banking as much as half your profits, letting the rest roll in the higher priced strikes. Jan $55C Mar $65C BA Not even a euphoric stock market on election results can save BA. Setting up for a panic decline < $100 before this move is over. Gold & Silver As for precious metals, but for any token positions being held, we will await fresh Buy Signals in either GLD or SLV before adding more calls. No, we are not done yet with this sector, just sitting out a retracement before the next leg up.
