Closing DailyPlay Trades for Thursday August 16th, 2018 – CRM, STI, TOL
Market volatility has started to pick up with risks rising from emerging markets in Turkey and tech selloffs. We take this opportunity to reduce our long exposure in technology, protect profits and cut losses before a possible sell off.
- CRM – 22% Profit: Long Sep 21 140/155 Call Vertical @ $6.92
- STI – 6% Loss: Sep 21 70/77.5 Call Vertical @ $2.94
- TOL – 80% Loss: Long Sep 21 38/42 Call Vertical @ $0.25
Learn to Trade Options: OptionsPlay Platform Overview – Thurs 8/16 @ 4:15PM EST