Momentum has turned sharply positive and has reached overbought territory on election results, but remains below major resistance levels. We take this opportunity to take profits on our long positions.
- CI – 60% Profit: Long Nov 30 207.5/230 Call Verticals @ $13.20
- ORCL – 17% Profit: Long Jan 18 ’19 44/52.5 Risk Reversals @ $0.60
Upcoming Event: How to Find Your Directional Edge – Thurs 11/8 @ 4:15PM EST
- DailyPlay Performance: 67% Winners & 82.32% Average Winning Trade!
- Historical DailyPlay Trades: All open and closed trades
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