After a great win streak, I do hold losers. Most remain on hold.
If you’re still holding the VALE December 12 call, let it expire. This trade should have worked out much better than it did.
At the same time, it’s time to exit the second halves of the MCD December 95 call and January 95 call for gains. Sell to close today. Let’s also sell to close the Owens Corning (OC) January 34 calls, which last traded at $2.25, as of 12:20 pm EST.
I am reviewing new trades to issue shortly.
Best wishes. We will speak again soon.
Ian L. Cooper
Forgotten Profits