As equity markets continue to grind higher without strong upside momentum, we continue to position for trades in both directions. We take this opportunity to cut losses on long trades that are not profitable.
- AAPL – 61% Loss: Long Oct 19 230/245 Call Verticals @ $1.70
- AGN – 76% Loss: Long Sep 28 187.5/205 Call Verticals @ $1.50
Upcoming Event: LEAP Options: A Stock Replacement Strategy – Thurs 9/20 @ 4:15PM EST