We waited quite a while for URA to break above $32, and it finally happened as more traders focus on growing demand for uranium.

The next obstacle is $34.

If URA gets over that level, we may look to take something off the table.

Our new SLV calls are also doing well as the metals staged a big move on Friday.

However, I think SLV has more upside potential over the next few weeks so I'll let them ride.

-Scott