Closing Trade (CSCO) – Wednesday, Nov 15th, 2019
DailyPlay Positions Outlook:
Markets continue its slow march higher after breaking above its $302.50 resistance level. We believe that the market has the ability to break out significantly higher despite being overbought on many measures. We are taking this opportunity to take profits on our short exposure in CSCO.
• CSCO – 76% Gain: Long Nov 29 43/47.5 Put Verticals @ $2.45
DailyPlay Trades & Performance
New! Track the performance and history of our DailyPlay trades with our new spreadsheet!
Maximizing Profits with Debit Vertical Spreads – Learn how to generate explosive option trades by limiting your risk w/ debit spreads! Maximize Your Trades