Closing Trade (UAL) – Wednesday, Dec 4th, 2019

DailyPlay Positions Outlook:

As markets pullback after a sustained rally, we see some initial downside towards $302.50 support. We maintain a longer-term bullish stance on the markets but will take this opportunity to cut losses on longs, and seek to take profits on our shorts later this week while establishing new long positions towards the support levels.

Closing Trades

• UAL – 80% Loss: Long Dec 27 93/101 Call Vertical @ $0.50

DailyPlay Trades & Performance

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