Closing Trades: Tuesday, March 19th, 2019 – BK, BXP, MAC

The market continues its slow grind higher on very low volatility as we await the Fed announcement this week. We continue to position for a cautiously bullish view while taking into account the downside risks. We take this opportunity to protect profits on our long positions.

Closing Trades

  • BK – 35% Gain: Long Apr 26 51.5/56.5 Call Verticals​ @ $2.71
  • BXP – 5% Loss: Long Apr 18 130/140 Call Verticals @ $3.65
  • MAC – 11% Gain: Long Apr 18 40/45 Put Vertical @ $2.60

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