DailyPlay – Portfolio Review & Closing Trades (BABA, F, BSX) – April 7, 2025

DailyPlay Portfolio Review

Our Trades

AMZN – 39 DTE

Bearish Debit Spread – Amazon.com Inc. – We recently initiated this position and, considering the ongoing bearish market conditions, will maintain our current approach. We expect the bearish trend to continue in the short term, but time decay, along with a possible decrease in implied volatility if conditions settle, should help this already profitable position.

NEE – 25 DTE

Bullish Long Call – NextEra Energy, Inc. – With the current market environment, all bullish positions are highly unstable. We’re holding for the moment, but a prompt exit may become necessary.. The company is set to report earnings on Tuesday, April 22, ahead of our call options’ expiration.

NEM – 9 DTE

Bullish Long Call – Newmont Corporation (NEM) – The position is underperforming, despite Newmont being a mining company focused on gold, silver, and other metals that are near record-high prices. In this market environment, bullish positions are especially vulnerable. We’re maintaining the trade for now, but could close it in the near future.

Closing Trades

• BABA – 65% loss: Sell to Close 3 Contracts (or 100% of your Contracts) May 16 $130/$155 Call Vertical Spreads @ $3.37 Credit. DailyPlay Portfolio:  By Closing all 3 Contracts, we will be receive $1,011. We initially opened these 3 Contracts on March 11 @ $9.67 Credit. Our loss, therefore, is $630 per contract.
• F – 38% loss: Sell to Close 20 Contracts (or 100% of your Contracts) May 2 $9.50 Calls @ $0.64 Credit. DailyPlay Portfolio:  By Closing all 20 Contracts, we will be receive $1,280. We initially opened these 20 Contracts on March 25 @ $1.04 Credit. Our loss, therefore, is $40 per contract.
• BSX – 63% gain: Buy to Close 3 Contracts (or 100% of your Contracts) May 2 $100/$110 Call Vertical Spreads @ $1.18 Debit. 
  DailyPlay Portfolio:  By Closing all 3 Contracts, we will be paying $354. We initially opened these 3 Contracts on March 28 @ $3.12 Credit. Our gain, therefore, is $582.