As per Friday's Into The Close, both portfolios bought the RKLB Sep $35C on Monday: I'm using $31.50 as the average trigger/entry price, and $3.65 as the average call entry price. Needless to point out, we are looking for much higher prices before September expiration. Insofar as the calls have spiked up close to 40% in less then two days, I'm adjusting the trailing stop all the way up to beak-even, reducing risk on this trade to zero. We will move up to a 50% trailing stop as soon as the calls are up 100%, or close too that level.
