DailyPlay – Portfolio Review – August 11, 2025
DailyPlay Portfolio Review Our Trades GOOGL – 25 DTE...
Read MoreRACE recently broke down above its trading range with strong momentum an underperforming the S&P 500, providing an opportunity for further downside to our $400 target. With industry leading growth rates and profitability metrics, RACE warrants a premium valuation relative to its peers, but at more than 4x the industry average, RACE has significant downside risks to its valuation.
Strategy: Long Put Vertical Spread
Direction: Bearish Debit Spread
Details: Buy to Open 2 RACE November 15 $460/$440 Put Vertical Spreads @ $9.05 Debit per Contract.
Total Risk: This trade has a max risk of $1,810 (2 Contracts x $905) based on a hypothetical $100,000 portfolio risking 2%. We suggest using 2% of your portfolio value and divide it by $905 to select the # contracts for your portfolio.
Trend Continuation Signal: This is a bearish trade on a stock that is trading lower from a previous high.
1M/6M Trends: Bearish/Neutral
Relative Strength: 4/10
OptionsPlay Score: 116
Stop Loss: @ $4.53 (50% loss of premium)
Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade.
PLEASE NOTE that these prices are based on Friday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry.
DailyPlay Portfolio Review Our Trades GOOGL – 25 DTE...
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