DailyPlay Positions Outlook:

Markets closed on a weaker foot on Tues as we grapple with the health of its citizens vs the health of the economy. With the Fed providing economic warnings with continued lockdown, health officials warn against opening too soon and risk a spike in cases. This tug of war will likely cause some market volatility so we are trying to protect some profits here on GLD and TXN.

Closing Trades

• GLD – 18% Gain: Short May 29 153/161.5 Put Vertical @ $2.92
• TXN – 25% Gain: Short 10 Jun 5 115/120 Call Verticals @ $1.54