DailyPlay Positions Outlook:

As markets continue to march higher this week on a stronger footing and broad market breadth. However, short term momentum and positioning has taken a pause and may provide some consolidation before markets can move higher. We are taking this opportunity to cut losses on some trades that have moved against us. Please review our education event today on cutting losses to set up your portfolio to hit massive home runs!

Closing Trades

• INCY – 49% Loss: Long Jul 17 100/115 Call Vertical @ $2.35
• M – 83% Loss: Long Jun 19 3/4/5 Put Butterflies @ $0.03