Momentum has reversed lower again after reaching overbought territory on election results, and remains below major resistance levels. We take this opportunity to cut losses on loser and protect profits on our winning positions.
- CI – 6% Loss: Long Nov 30 207.5/230 Call Verticals @ $7.79
- ROK – 41% Profit: Long Dec 21 155/175 Put Verticals @ $8.50
- SLG – 46% Loss: Long Dec 21 85/95 Put Verticals @ $1.85
- WBA – 41% Profit: Long Dec 21 77.5 Calls @ $4.45
Upcoming Event: Maximzing Profits w/ Debit & Credit Spreads – Thurs 11/15 @ 4:15PM EST
- DailyPlay Performance: 67% Winners & 82.32% Average Winning Trade!
- Historical DailyPlay Trades: All open and closed trades
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