Closing Trades: Thursday, July 25th, 2019 – SAVE, UPS

Markets have rallied back above its all-time high on trade negotiations and Fed policy outlook. We take this opportunity to cut losses on our short earnings plays that have not worked out. 

Closing Trades

  • SAVE – 58% Gain: Long Aug 16 42.5/50 Put Verticals @ $3.95
  • UPS – 90% Loss: Long Aug 30 94/103 Put Verticals @ $0.34

Upcoming Event:

Mechanics: Entering Options Orders & Managing Existing Trades – Thurs 7/25 @ 4:15 PM EST –Register Now

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