Taking Profits: Tuesday, March 12th, 2019 – TRIP

After closing below the 200 D SMA for 1 session, the market has rallied back above that level and resumes its bullish trends. We take this opportunity to protect profits on our short positions and position for a cautiously bullish outlook. 

Closing Trades

  • TRIP – 35% Gains: Long Apr 18 47.5/55 Put Verticals @ $3.65

Upcoming Event:

How to Generate Consistent Income w/ Weekly Covered Calls – Thurs 3/21 @ 4:15PM EST