DailyPlay – Closing Trades (PAYC, JPM) – May 9, 2025

Closing Trades

• PAYC – 96% gain: Buy to Close 3 Contracts (or 100% of your Contracts) May 30 $220/$210 Put Vertical Spreads @ $0.12 Debit. 
  DailyPlay Portfolio:  By Closing all 3 Contracts, we will be paying $36. We initially opened these 3 Contracts on April 29 @ $3.20 Credit. Our gain, therefore, is $924.
• JPM – 82% loss: Buy to Close 2 Contracts (or 100% of your Contracts) May 30 $235/$250 Call Vertical Spreads @ $11.28 Debit. 
  DailyPlay Portfolio:  By Closing both Contracts, we will be paying $2,256. We initially opened these 2 Contracts on April 16 @ $6.48 Credit. Our loss, therefore, is $480 per contract.