Taking Profits (WFC, IWM) – Wednesday, Jan 15th, 2020

DailyPlay Positions Outlook:

The markets have continued to rip higher after a spectacular end to 2019. We expect to see some consolidation with recent euphoric price action. Learn to protect your portfolio against a correction with our webinar on How to Hedge Your Portfolio Against a Correction. We are using this opportunity to take profits on our WFC position and IWM positions. 

Closing Trades

• WFC – 99% Gains: Long Mar 20 47.5/55 Put Vertical @ $5.27
• IWM – 87% Gains: Short Jan 17 ’20 $164 Put @ $0.19

Wealth365 Summit

Leverage Your Portfolio with Limited Risk using Options –Tuesday, Jan 21st @ 10:00 AM EST – Book Your Spot

DailyPlay Trades & Performance

New! Track the performance and history of our DailyPlay trades with our new spreadsheet!

DailyPlay Tracking