The PRO Service is holding Jan deep in the money calls and possibly February just-out-of-the-money calls basis our Dec 30th PRO Update. Here are the two positions as of an hour after today's Open: Yes, the Jan calls are now a ten-bagger, so kudu's to all who have stuck with these since just after Thanksgiving. Note, that both the Jan and Feb calls are about where they both were on Nov 26th. Now its time to think about that next leg up, the one that takes Silver to triple digits. Spot Silver - 3 Hour A close above the top of the horizontal channel and I will be adding SLV Feb and/or March $100 Calls. In addition, we will be monitoring select Silver miners that may be lagging Silver monster run, including but not limited to HL. Our most recent HL calls were added in late November: HL Daily We all know this pattern, a Wave 5 Buy Signal (on close above channel) confirming a 5th wave advance and targeting low $30's. HL Mar $25C If not already in HL calls, these Feb $25 calls are highly leveraged bets on Silver running to $100, and HL to the high $20's to low $30's. SLV Mar $100C Noteworthy is the fact that the SLV Mar $100C is up today about the same percentage as the HL Mar $25C: 36-37%. A Silver (Spot) close above $80 (currently $77) or a SLV close above $72 (currently $70) and both of these Silver themed call alternatives become attractive, albeit highly leveraged, speculations.
