Last weekend, I went searching for a new opportunity in drone stocks.
This weekend’s lesson is simpler:
If it ain’t broke, don’t fix it.
The energy and precious-metals trends we have been following went right back to work:
-
USO calls closed at +553.19%
-
GLD calls are up +464.29%
-
GDX calls are up +359.52%
We also closed a second USO position when it violated our –50% hard stop.
That combination illustrates exactly how successful options trading is supposed to work: one enormous winner can overwhelm a controlled loss many times over.
Blue Line Trading: Premium Service Active Options (Aug 21st).
Cut the losers. Press the winners. Let the trend do the heavy lifting.
This weekend’s paid-subscriber update examines the powerful weekly breakouts now underway in energy, gold and silver—and why these “great trades” may be developing into something considerably larger.
It also includes our current positions, updated performance and the roadmap we are using to manage and roll our winners as these trends develop.
Join Blue Line Trading and receive the complete Weekend Update.
Allan Harris
Blue Line Trading System
Past performance does not guarantee future results. Options involve substantial risk and are not suitable for every investor.