Taking Profits: Tuesday Jan 8th, 2019 – KMI, PEP, TXN
Markets have recovered from its near bearish market correction on the possibility of a trade war deal. Risks still remain in the market and bouts of volatility are still likely with earnings season kicking off. We are using this opportunity to take profit on our short positions and look for opportunities to continue entering both long and short positions.
- KMI – 57% Gain: Long Feb 15 15/17 Call Verticals @ $1.36
- PEP – 29% Gain: Long Feb 01 103/114 Put Verticals @ $4.44
- TXN – 8% Loss: Long Feb 15 82.5/95 Put Verticals @ $3.81
Options Education: January Webinar Series – Every Thurs @ 4:15PM EST
- DailyPlay Performance: 67% Winners & 82.32% Average Winning Trade!
- Historical DailyPlay Trades: All open and closed trades
We appreciate your continued support of OptionsPlay and value your questions and feedback on our DailyPlay ideas.