DailyPlay – Closing Trade (MU, AAPL) – July 03, 2025

MU – 61% loss: Sell to Close 2 Contracts (or 100% of your Contracts) July 18 $125/$145 Call Vertical Spreads @ $2.30 Credit. 
DailyPlay Portfolio:  By Closing 2 Contracts, we will be collecting $460. We initially opened these 2 contracts on June 25 @ $5.86 Debit. Our loss, therefore, is $356 per contract.

AAPL – 78% loss: Sell to Close 3 Contracts (or 100% of your Contracts) July 18 $205/$195 Put Vertical Spreads @ $1.15 Credit. 
DailyPlay Portfolio:  By Closing 3 Contracts, we will be collecting $345. We adjusted the 3 short puts on June 26 reducing our cost basis to $1,590 Debit. Our loss, therefore, is $415 per contract.