Closing Trades (T) – Friday, Oct 18th, 2019
DailyPlay Positions Outlook:
Markets are moving sideways with key resistance at $302.50 and a major support level at $295. We have seen a mixed reaction to a flurry of positive and negative earnings reports with guidance surprises. With continuing uncertainty about earnings, domestic and international politics and military movements in the Middle East, we continue to be cautiously bullish. As markets move sideways, we are taking profits on our long T vertical call spread.
- T – 50% Gain: Long Nov 15 37/40 Call Verticals @ $1.32
DailyPlay Trades & Performance
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