DailyPlay Positions Outlook:

As markets continue to push new relative highs on the back of strong earnings, we are taking this opportunity to cut our losses on the DIS earnings play and take profits on our long technology trades. 

Closing Trades

• DIS – 91% Loss: Long Aug 21 107/117 Put Verticals @ $0.25 Credit
• EA – 54% Gain: Short Sep 11 134/142 Put Verticals @ $1.48 Debit
• EBAY – 41% Gain: Short Aug 28 52/55 Put Verticals @ $0.77 Debit