RKLB We covered some individual stocks over the weekend that have been huge winners, TSLA, PLTR and RKLB. These latter two continue to have a great November, They continue running, especailly RKLB which announced stellar earnings and is up 25% today. As a result, our RKLB Jan calls are up over 500%: Now deep in the money, let's bank up to half of our gains and roll the remainder into the Jan $20C: Note: Zero open interest means this a new strike, opening trading today. Alternative: RKLB Apr 21st Call BTC/BITO The other big mover in the options portfolio has been Bitcoin and its trading proxy, BITO. Our most recent Buy Alert came on October 18th: Into The Close: Bitcoin Buy Confirmed "It took two days but Bitcoin finally rallied above $68,400 today, triggering our purchase of the BITO Jan 17th $20C. Hold with tight 50% hard stop on position. We will look to rollover once call is deep in the money." It didn't take too long for our BITO calls to go "deep in the money" and we can hold for expiration or roll-up into a new out-of-the money March 21st $30 strike so as to maximize leverage: BITO Calls: Premium Service Performance Table Note: This Premium BITO Calls Performance Table shows two BITO positions, a Dec 20th $20C from August 26th and the above, BITO Jan 17th $20C recommended on October 18th. The former could have been stopped out long ago, but if still holding, kudos for sticking with it,....it should now again be subject again to a new 50% trailing stop. Better yet, take gains now, banking some and and putting the rest in to the Mar 21st $30C: BITO: Longer Term Strikes A lot can happen in 128 days..see BITO price map below. Consider rolling half our above January gains into these Mar $30C, betting on a huge run in Bitcoin in the third wave of multiple degrees of trend. BTC: Price Map 1st-2nd Qtr 2025 Look for round number resistance @ $100K, then a move above to be followed by a major test of that same round number support. If it holds, next target $130K. BITO: Price Projections into March Expiration Third waves at multiple degrees of trend; once past $32, next target is $41. BA Target remains under $100 Still has 5X to 10X potential.
