We don't usually post on Monday's in the Premium Service, but three of our positions are up big today and worthy of mention: RKLB, NOK and TSLA. RKLB Daily Another huge day for RKLB, up $20 at one point today and our calls were up as much as 110% intraday, good enough to move the stop up to a 50% trailing stop from entry. NOK Daily Our calls on NOK has risen back to above break-even with more to come. Given the July expiration, there is still plenty of time for this one to play out. I've noted on the chart to buy more calls above $14 for a Wave v of 5 to the low $20's. TSLA Daily TSLA is up double digits today, over $16 and up a whopping $30 from this morning's low tick. Our TSLA July calls are knocking it out of the park: +600% from Apr 9th entry. Premium Service Active Trades Note that RKLB calls reached +110% today (after buying just one day ago), so I am moving the stop up to a 50% trailing stop to lock in gains. If hit, don't be surprised if we get back in sooner rather than later. We will be trading RKLB for months-to-years. Looking Ahead The market is overbought on a Monday in May. That makes it subject to a black hole any time, any day. If it happens between updates, this is what I want you to be buying to protect gains and maybe even make a buck or two from expected volatility: UVXY Hourly A UVXY breakout above $36-37 portends a run into the low $40's, minimum. There are (relatively) cheap calls for that: The 50's = Leverage, leverage, leverage.
