The market continues to find strength despite being overbought and volatility collapses, we take this opportunity to start reducing some exposure and wait for volatility to pick up.
Closing Trades
- GM – 2% Gain: Long 10 Mar 29 38/42.5 Call Verticals @ $1.66
- QCOM – 34% Loss: Long 10 Apr 18 46/52.5 Put Verticals @ $1.50
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