DailyPlay – Portfolio Review – January 27, 2025

DailyPlay Portfolio Review

Our Trades

AAPL – 32 DTE

Bearish Credit Spread – Apple Inc. (AAPL) – We recently established this position and plan to stay the course for now. The company is set to announce earnings after market close on Thursday, January 30.

AMD – 144 DTE

Bullish Long Call – Advanced Micro Devices, Inc. (AMD) – Although the position is currently down, we plan to stay the course for now, as there is still ample time remaining in the option contract. The company is set to announce earnings after the close on Tuesday, February 4.

BA – 53 DTE

Bullish Debit Spread – The Boeing Company (BA) – We are up on this position and plan to stay the course for now, likely riding it through the earnings report. The company is set to announce earnings before the open on Tuesday, January 28.

CME – 25 DTE

Bullish Long Call – CME Group Inc. (CME) – While the position is showing a solid gain, we plan to hold steady for now, given the ample time remaining on the option contract. The company is scheduled to report earnings after the close on Wednesday, February 12.

GOOGL – 32 DTE

Bearish Credit Spread – Alphabet Inc. (GOOGL) – We recently established this position and plan to stay the course for now. The company is set to announce earnings after market close on Tuesday, February 4th.

IWM – 25 DTE

Sharp Move Straddle – iShares Russell 2000 ETF (IWM) – We are flat on the position. The ETF made a decent move up to the 230 level but bounced off resistance at that point. We plan to hold steady for now, given the ample time remaining on the option contracts.

NVDA – 25 DTE

Bullish Long Call – NVIDIA Corporation (NVDA) – We recently made a second adjustment to this position, lowering the cost basis on the long option contract. Additionally, we rolled the long call forward to extend its duration. While the position is currently showing a solid gain, we plan to hold steady for now, as there is still ample time remaining on the contract. The company is expected to report earnings on Wednesday, February 26, after the market close.

PEP – 4 DTE

Bullish Diagonal Spread – PepsiCo Inc. (PEP) – We recently established this position, which is currently profitable. The stock closed Friday near the strike price of our short option, which is favorable for the position. However, we may need to roll or close the front-month option in the diagonal spread before its expiration. The company is scheduled to report earnings on Tuesday, February 4, before the market opens.

V – 53 DTE

Bullish Debit Spread – Visa Inc. (V) – We recently established this position and are currently showing a solid gain. If the upward momentum continues, we will likely roll the long option contract to a higher strike with the same expiration, capturing a profit on the long call and reducing some risk ahead of the earnings report. The company is set to announce earnings on Thursday, January 30, after the market closes.