Caught a solid runner on that licensing deal catalyst. Entry zone around 195 ended up being nearly a 4x move—couldn't have asked for better execution.

Already trimmed 95% of the position on this pop, locking in the core gains. Still got some equity and dated calls riding, so not completely flat to upside. The discipline to scale out at key levels makes the difference between a great trade and a mediocre one.

Really happy with how this tracked what I was anticipating. The setup just played out clean, textbook almost. Market's giving us opportunities like this throughout cycles—just gotta stay sharp and recognize 'em when they show up.

Feels like end-of-2024 playbook all over again. Same patterns, same probabilities printing. One for the books.