Taking Profits: Tuesday Oct 30th, 2018 – MGM
Momentum has turned negative and markets have started to fall below major support levels and moving averages. We use this opportunity to take profits on our short trades and cut losers on long positions.
- MGM – 70% Gain: Long Nov 30 22.5/27.5 Put Verticals @ $3.09
Special Event: Leverage Technical Analysis w/ Nasdaq-100 Index Options – Thur 10/25 @ 12:00 PM EST