fbpx

DailyPlay Taking Profits (WMT) – December 3rd, 2021

Closing Trades

DailyPlay Positions Outlook:

As systemic risks continue to rise due to the ambiguity of the new Omicron variant, we have taken a hands-off approach with the DailyPlay positions this week. Market volatility remains high with the VIX reaching 30 twice this week and with Non-Farm Payroll data being released today, we expect more volatility to end the week. While equities did recover yesterday, downside risks remain and the uncertainty of the new variant has not changed. We take this opportunity to take profits on the WMT trade that was opened this week. 

Prakash Vijayanath
Analyst at OptionsPlay

More DailyPlay

DailyPlay – Portfolio Review – August 11, 2025

DailyPlay Portfolio Review Our Trades GOOGL – 25 DTE...

Read More

DailyPlay – Adjusting Trade (GS) & Closing Trade (FSLR, CRWD) – August 08, 2025

Closing Trade GS Bullish Trade Adjustment Signal...

Read More

DailyPlay – Opening Trade (XYZ) – August 07, 2025

XYZ Bullish Opening Trade Signal Investment Rationale...

Read More

DailyPlay – Opening Trade (CRWD) – August 06, 2025

CRWD Bearish Opening Trade Signal Investment Rationale...

Read More
Tony Zhang