DailyPlay – Closing Trade (CRM) – May 17, 2024
Investment Rationale Markets have continued to provide a...
Read MoreBullish Debit Spread. We entered this position yesterday on the back of a recent selloff and favorable risk/reward. If the outlook on China improves, expect to see AAPL shares recover from this selloff.
Bullish Calls. Citigroup continues to rally on the back of Chairman Powell’s testimony on rolling back proposed capital requirement changes for banks. Looking for a breakout above $57 to continue.
Bearish Credit Spread. Triggered our stop loss and we are closing out this trade, momentum simply was too strong to fade the strength.
Bullish Debit Spread. Just at our stop loss level, will monitor this position for a potential opportunity to close out over the next couple of trading sessions.
Bearish Debit Spread. We just entered this trade to fade the strength in META currently near breakeven and will monitor this position.
Investment Rationale Markets have continued to provide a...
Read MoreDailyPlay Portfolio Review Investment Rationale Despite...
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