Taking Profits (WDAY) – Feb 25th, 2020

DailyPlay Positions Outlook:

Markets have started a pullback after weeks of negative divergence. While we see this pullback as an opportunity to enter long positions we expect this pullback to take a few more trading sessions to flush out. Learn to protect your portfolio against a correction with our webinar on How to Hedge Your Portfolio Against a Correction. We are using this opportunity to cut losses on our WDAY long position and look to establish new longs this week. 

Closing Trades

• WDAY – 32% Loss: Long Mar 20 175/200 Call Verticals@ $8.25

Upcoming Event:

Live Market Analysis with Q&A – Thursday, Feb 27th @ 4:15 PM EST – Book Your Spot

DailyPlay Trades & Performance

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