Your position in Ultra Gold ProShares (UGL) soared 6.10% yesterday, as the price of gold rallied to its biggest daily gain in a year.
With your UGL October 2013 $50 call options (UGL131019C00050000) up 57.59%, sell half of your options here to lock in these big gains.
Raise your stop in UGL to $49.50 to lock in at least a 10% gain in this position, and hold onto the rest of your options for potentially bigger gains ahead.
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