The rally today is being triggered by tame inflation numbers and attendant speculation that interest rates will start coming down, or at a minimum, stop going up. The two best bets on the board based on such a premise are coincidentally, TSLA and GLD, the only bullish charts we are following. Accordingly, we want to add TSLA March $280C on a close above $230, and hold and/or add to the GLD Jan $180C. An hour after the Open, here are the calls, both up nicely: TSLA Mar Calls GLD Jan Calls The yellow highlighted calls are the ones we will be tracking in the PRO Options Portfolio, while any other calls set out in the table are also buyable, depending on individual risk tolerance. Once an option becomes deep-in-the-money, it is advisable to roll-out into an at-the-money or out-of-the money strike to maximize leverage. CHARTS Lower interest rates implies the end of price reductions on Tesla Model Y and 3, suggesting higher sales and profit margins. At a price target of $360, the Mar 15th $280C will be worth $80, about 8X current pricing. GLD 240 The bet here is that price slices through 190-192 in wave iii of 3, like a hot knife through butter, challenging $200 by the new year. If so, the Jan 19th $180C should be worth $20 by expiration. BONUS BET: FOR SHORT-TERM SPECULATORS ONLY ROKU Daily I'd rather Buy TSLA than GLD or ROKU and am still expecting a major sell-off into the end of the year. Nonetheless, the ROKU Trend Model has just flipped Long and the Jan $95C would be a quick double or triple if the sell-off holds off until December. The last three ROKU Trend Model Buys were all up a quick 50% from entry to high print, suggesting a run to $120 if this one follows suit.
