Taking Profits (ATVI) – May 7th, 2020

DailyPlay Positions Outlook:

The market continues to trade around an equilibrium point of $285. With the mega-cap stocks having all reported earnings, market volatility has subdued and we expect a battle above and below this key $285 level. With risk still skewed to the downside, we are taking profits on our long ATVI position. We continue to seek to collect premiums in anticipation of a shift in momentum lower. 

Closing Trades


Special Session

Prepare Your Portfolio for a Recession – Thurs 5/7 @ 4:15 PM EST

DailyPlay Trades & Performance

New! Track the performance and history of our DailyPlay trades with our new spreadsheet!