$AG is starting to pay dividend next year. Super bullish for the stock. I am short 12 and 14 strikes and 11 puts. All ~70% profitable by now. Can’t decide whether to let them ride into expiry on Jan 15 or close them. It’s been an aimless grid for gold for the past 6 month since the first leg up.

I went straight bullish, though, with a April risk-reversal, long the 10 call, short the 10 put.

I just bought a little AG this morning!

It’s been truly profitable selling puts and calls. My favorite is $AG. It rises from dead each time it dips below $11.

Is that a question for Randy?

If I was good at predicting market direction, then I wouldn’t be paying to be in this room. Speaking of which, where the heck is Randy? I just recently rejoined RSOTC. I thought he was more active in the room. It would be great to see what he’s thinking. It’s annoying that he only seems to look at QQQ. A few years ago, he would actually send out day-trade set-ups in numerous products. A shame that we all pay for his work, but then we end up just arguing with each other, instead. I think the only reason I post so much in this room is because I’m trying to fill all the empty space in here. I would have thought Randy would have at some point today highlighted that many of his trade ideas from recent videos were coming to fruition today.

OK

I understand what you said but isn’t attributing a cause to an effect which itself has not yet been realized a prediction? You’re predicting the cause of that which has not yet happened. I’m just wondering how good your predictive power has been this year. That’s all… lol.

I’m not making predictions. I was just saying that if QQQ makes new highs, it will do so because of lock-downs, not because of a vaccine. Whereas IWM would make new highs for the opposite reason: on more good vaccine news.