IMG.TO IAMGOLD - possible projections -

IAMGOLD (IMG.TO) has broken to a new high last week. I looked to a 24.00 strike price Apirl 19th expiration date as a high probability vehicle for profits in this case.  If the all time high (cyan line) holds, a fast move could be expected to begin next week.

A strong move next week would be a good time to exit these call options as April 19th is a few weeks a way.

I have a May options position on YRI on 13 strike price.  I expect potentially gold and silver continue to correct a bit but by August should be substantially higher.

An interesting comparison of the 1979 explosion in silver prices with current rally.