DailyPlay – Portfolio Review – May 24, 2024

DailyPlay Portfolio Review

Our Trades

ADBE – 28 DTE

Bullish Credit Spread – ADBE continues to trade within a tight range but remains just near our breakeven and at least 1 more week before it warrants rolling.

NKE – 28 DTE

Bullish Debit Spread – We are keeping a close eye on this position and a break below $90 would warrant closing this position.

PLTR – 28 DTE

Bearish Debit Spread – PLTR also moved in our favor yesterday and a break below $20.50 seems likely.

RACE – 56 DTE

Bearish Debit Spread – RACE has gained more traction and is almost at 10% gain.