The market has continued to find a more stable footing and break above major resistance levels. Coupled with an accommodative Fed policy, we see better risk/reward for bullish trades. We are using this opportunity to take profits on our long positions.
- AAPL – 80% Gain: Long Mar 15 165/180 Call Verticals @ $8.30
Upcoming Event: Discounted Stock Purchase w/ Cash-Secured Puts – Thurs 2/7 @ 4:15PM EST
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