Focus On Silver & Gold Gold, Silver, and numerous precious metal miners have all broken out over the past few trading days. We saw this kind of action last summer and it led to some hefty percentage gains in option plays across the board. SLV & GLD Options - Sep 19th Trades The above trades were taken on Sep 19th. Since then, both Gold and Silver have put in tops and retraced some of the run-up and yet are still showing four-to-five hundred percent returns into the end of November and December. A week ago the GLD trade went off the board via expiration, but last week we had numerous Buy Signals of the Wave 5 variety, meaning a high probability of repeating the success from last summer. Accordingly, I'm devoting this Weekend Update to highlighting those new Buys. Precious Metal Charts & Option Plays The breakout patterns are the same and its only logical to expect similar returns into the first quarter of 2026. Below are my favorite trades for capitalizing on an intermediate term upswing in the sector. Keep a hard stop loss at -50%, moving it up to break-even once the options have doubled, then using a trailing 50% stop on at least half the position into expiration. Silver Spot Daily This fresh Buy Signal in Silver was sent out to the PRO Service on Wednesday and is already up triple digits with the SLV Jan $50C. For whatever reason, Silver is outperforming Gold. SLV 2-Day Intermediate Term (2-3 Month) Target = $60-$72 Premium Service SLV Position (from Sep19th) Gains like this, +545%, are why we trade options, so if still holding, continue to do so, and if out, new positions can be taken for the next leg up. SLV Mar 20th Calls Looking for 5X by Mar expiration. GLD Gold Miner Buy Signals NG (Novagold Resources) Share price has doubled since summer; looking for another double by next summer. Buy shares and/or Mar $10 calls. NEM Daily NEM is a Buy on a close above $95 and again on a close above $100. First target is $115 and second target is $135. As with NG above, NEM has about doubled from where it was trading early last summer and as a bigger cap Gold Miner is well positioned to double again into mid-2026. NEM Feb Calls NEM Longer Term (Weekly) Stock Market There is nothing new to add to our outlook on stocks, as the expectation remains that the bottom will fall out of the market in the weeks and months ahead. Unfortunately, the holiday rally has triggered stops and eroded option values. If the market turns down now, new options will be recommended to take advantage of the downturn. I will address any new option plays on a day-to-day basis, starting next week. Active OptionsPRO Service Premium Service
