Taking Profits (TDOC) – April 24th, 2020

DailyPlay Positions Outlook:

The market’s rally has stalled around the $284 resistance level after 3 attempts to break above this week. Momentum is starting to slow down and trading is contained to a smaller range. We expect markets to break out on either side but momentum points to a potential breakdown. We are now signaling to protect our profits in TDOC. 

Closing Trades

  • TDOC -51% Gain: Short May 15, 2020 150/170 Put Vertical @ $4.10

Market Outlook:

Friday Morning Market Outlook @ 9AM EST with Tony Zhang

DailyPlay Trades & Performance

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