December monthly option expiration is this Friday, coming two days after a potential market moving event with an FOMC interest rate decision on Wednesday. This is our "heads-up" to roll-over and up if still holding any of these options: Dec 20 Expiration* In the past weeks we've added new strikes for TSLL and PLTR for Jan and/or Mar expiration as per table below. If rolling over now and for money management considerations, rolling at the ratio of 1:1 into new calls for both TSLL and PLTR allows for the banking of approximately half the of current gains, while still maintaining a leveraged long position in both stocks going forward. Jan & Mar Expirations *TSLL strikes: The options exchange has suddenly changed the round number strikes on some of the TSLL options, adding 70 cents, which has messed up the reporting of current prices. I've gone with their new strikes for computational purposes. With such massive gains across the board on TSLL calls, it shouldn't make much difference in calculating total returns.
