RKLB The chart below says it all as RKLB broke above $12 this morning and the calls we bought on Sep 25th have tripled. Maintain a 50% trailing stop on these calls, locking in a profit of about 114% if hit. Three weeks to go until expiration/rollover. QQQ Yesterday QQQ broke below 487 (briefly) and I took a new position in the Dec 20th $450P. Slightly underwater today, but the pattern strongly suggests more downside to come. Note how price retraced right into Fib retracement zone (shaded rectangle) and turned back down. Breaking yesterday's low (485.05) also breaks that important trend channel line coming up from Aug lows and will cause me to add more puts. QQQ Longer-Term Lots of air below this market, equates to a lot of downside potential. All it needs is a trigger, i.e., the proverbial, "October Surprise."
