I mentioned in yesterday post that today will be interesting/positive day as News will reach rest of investment community. LAC SP had /has such a bull (breakout) run that it wiped out all resistance on a chart. We do have support levels around $26 and $25 levels but future action as you can see is driven by the news and we will have more of them.

As Tentative Permits become permanent ones after November and December1-st hearing  which will drive SP even higher. We are going thru crazy/happy time as LAC stockholder. I would be very cautious to selling cover calls as not to limit my gains, JMHO.

I see SP going higher to $30 and quick pullback to $28 , then higher again to $31 and back to higher low of $29 or something like this, higher highs and higher lows. That’s my crystal ball till early December. But I can be wrong. Good luck.