DailyPlay – Closing Trades (BMY, ZM) – January 5, 2024

Closing Trades

• BMY – 65.47% Gain: Sell to Close 14 Contracts (or 100% of your Contracts) Jan 19th $50/$55 Call Vertical Spreads @ $2.28 Credit. DailyPlay Portfolio: By Closing all 14 Contracts, we will receive $3,192 Credit. We initially opened these 14 Contracts on Dec 4 @ $1.44 Debit. Our average gain, therefore, is $84 per contract. 
• ZM – 75.46% Gain: Buy to Close 6 Contracts (or 100% of your Contracts) Jan 26th $72/$77 Call Vertical Spreads @ $0.40 Debit. DailyPlay Portfolio: By Closing all 6 Contracts, we will be paying $240 Debit. We initially opened these 6 Contracts on Dec 19 @ $1.63 Credit. Our average gain, therefore, is $123 per contract. 

Dear Valued Member

We hope you are having a great start to your new year. Starting January 5th, 2024, OptionsPlay will temporarily pause the distribution of DailyPlays until January 15th as we work diligently to enhance our trading strategy as we move into 2024. We will still manage our open trades so you may expect some of them to be closed during this period. We will also resume our webinars next week, starting with our Monday Macro Market Outlook webinar. There will be no Market Outlook webinar for today and you will receive a daily email with the Market Outlook during this period.

Our team is committed to providing you with the best trade recommendations, and this short pause will allow us to refine our approach, analyze market trends, and implement advanced strategies to ensure you receive more accurate and valuable insights. We will keep you updated on our progress and look forward to resuming the DailyPlays service soon. 

As we now have close to 100,000 subscribers, we thank everyone for your support. Please feel free to reach out to us via [email protected] or with the Ask Us button on the platform with any suggestions, questions, or concerns you may have. Your input will be greatly appreciated and carefully considered.

Thank you for your continued trust in OptionsPlay.

The OptionsPlay Team