...But when you do win, win big. Here is this morning's snapshot of our GLD & SLV November call positions taken in early and mid-September: Note: Worst case exit for these two positions would be at +450% for GLD and +512.50% for SLV. Sometimes, it comes down to pure money management and that is what will be carrying these two trades over the next five weeks. UVXY - Update We never got our UVXY spike to new highs, but the logic set out last Friday remains viable: A new high in UVXY above 14.12 and look for a bang-the-table Buy Alert for Nov UVXY calls.