Taking Profits (AAPL, SPY, TLT) – March 10th, 2020
DailyPlay Positions Outlook:
Markets have pulled back into bear market territory on a collapse in oil prices and coronavirus fears. We expect markets to find some support in the $260-270 range. We are using this opportunity to take profits on SPY and AAPL and cut losses on our TLT short position and start looking for buying opportunities.
• AAPL – 70% Gain: Short Apr 17, 2020 305/325 Call [email protected] $2.62
• SPY – 107% Gain: Long Apr 17, 2020 275/297 Put [email protected] $11.39
• TLT – 102% Loss: Short Apr 9 155.5/160 Call [email protected] $3.45
New Tues Market Session
Market Overview & Ideas Tues March 10th @ 9:00 AM EST – Register Now
DailyPlay Trades & Performance
New! Track the performance and history of our DailyPlay trades with our new spreadsheet!