Closing Trades for Thursday August 30th, 2018 – SPGI, UAL
As markets continue to show strength with all time highs, we expect to position for a continuation higher. We take this opportunity to take profits on long positions that are ahead and cut losses on our short positions.
- SPGI – 44% Loss: Long Sep 28 195/205 Put Verticals @ $1.90
- UAL – 80% Profit: Long Sep 21 80/90 Call Verticals @ $6.63
Webinar: Understanding Debit vs. Credit Spreads – Thurs 8/30 @ 4:15PM EST