Taking Profits: Friday, July 5th, 2019 – NVDA, XBI

Markets have rallied back above its all-time high on trade negotiations and Fed policy outlook. We take this opportunity to take profits on our long positions, cut losses on short ones and position for a breakout higher

Closing Trades

  • NVDA – 43% Loss: Long Aug 16 130/155 Put Verticals @ $4.76
  • XBI – 88% Gains: Long Sep 20 80/87/93 Financed Verticals @ $1.60

Upcoming Event:

Wealth365 Summit – Enhancing Your Equity Positions w/ Options– Wed 7/17 @ 10:00 AM EST –Register Now

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Track open DailyPlay trades with Live P&L on all positions in our Portfolio tool and Historical DailyPlay Trades