After a recession scare caused by an inverted yield curve last week, markets have stabilized and focus shifts to the upcoming earnings season. We take this opportunity to protect profits on our long positions and cut losses.
- ADSK – 23% Loss: Long Apr 26 150/167.5 Call Verticals @ $5.08
- LULU – 702% Gains: Long Apr 135/145/155 Call Risk Reversal @ $8.73
- TSLA – 19% Gains: Long Apr/Jun 250 Put Calendars @ $12.30
- WHR – 61% Loss: Long Apr 26 139/157.5 Call Verticals @ $2.59
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