Taking Profits: Tuesday, Sept 10th, 2019 - AAPL, JPM

Taking Profits: Tuesday, Sept 10th, 2019 – AAPL, JPM

DailyPlay Positions Outlook:

Markets have continued to move higher on easing geopolitical tensions, but remain below major resistance levels. While we maintain a cautiously bullish stance and continue to position for a breakout to the upside, we are taking profits on long positions as market stocks approach overbought levels and seasonally September remains a weak month for markets.

Closing Trades

JPM – 94% Gains: Long Oct 11 107/117 Call Verticals @ $7.36
AAPL – 8% Loss: Long Sep 27 210/227.5 Call Verticals @ $5.67

DailyPlay Trades & Performance

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Learn to Trade Options:

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