$SPDR Gold Shares(GLD)$  My Jan 16, 2026 $315 calls are swimming in profits with 2.5 months remaining, but I'm holding tight. Rather than realizing gains this year and triggering IRMMA surcharges, I've purchased matching $400 puts as hedge at $17.15 each - more expensive than my original $14.09 call cost. Gold's parabolic move caught me off guard, but I'll be damned if I let these paper gains slip away without protection. Just documenting my defensive play.

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