Rolling our GLD call contracts to a higher strike price and January 20th expiration date.

This lets us lock in profits and also buy more time for gold to continue higher.

• Sell (to close) our 12 GLD December 16th $160 Calls
• Buy (to open) 12 GLD January 20th $162 Calls
• Limit: Net CREDIT of $0.50 or more
• The new position will represent roughly 7.1% of our Spec Model capital

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• Executed 12:29
• SOLD 12 GLD Dec 16th $160 Calls @ $8.40
• BOT 12 GLD Jan 20th $162 Calls @ $7.80
• Net CREDIT: $0.60