Five Minute Futures, sponsored by @cmegroup. Last week's short put spread in October gold reached its target early, which sets up two decisions: when to take a winner off rather than sit for the last of the premium, and whether the thesis supports putting something new on. Gold has broken through a level that capped it for weeks and volatility is expanding with it, which is why the position gets reset higher instead of closed out. The distinction that matters is rolling because a thesis is working, not to rescue one that is not. Education, not a recommendation. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Revisiting last week's gold trade 00:34 Why take it off early 01:05 What comes next for gold 02:36 Staying with the gold position 03:25 Setting up the new spread 04:02 Sizi...