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.

Closing Trades

• CSCO – 76% Gain: Long Nov 29 43/47.5 Put Verticals @ $2.45

DailyPlay Trades & Performance

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