DailyPlay – Closing Trade (FDX) & Portfolio Review – October 13, 2025

Closing Trade

• FDX – 64% loss: Buy to Close 3 Contracts (or 100% of your Contracts) Nov 21 $240/$230 Put Vertical Spreads @ $6.02 Debit. DailyPlay Portfolio:  By Closing 3 Contracts, we will be paying $1,806. We initially opened these 3 contracts on October 08 @ $3.67 Credit. Our loss, therefore, is $235 per contract.

DailyPlay Portfolio Review

Our Trades

C – 18 DTE

Bullish Debit Spread – Citigroup Inc. (C) – We recently established this position, which is currently down, and we plan to stay the course for now. Citigroup Inc. is set to report earnings this Tuesday, the 14th, before the open.

COST – 11 DTE

Bearish Debit Spread – Costco Wholesale Corporation (COST) – The position remains profitable, with continued downside momentum last week driven by a mixed consumer environment and renewed tariff concerns. We plan to maintain the position for now.

FDX – 39 DTE

Bullish Credit Spread – FedEx Corp. (FDX) – We are closing this position today.

GS – 95 DTE

Bullish Call – Goldman Sachs Group, Inc. (GS) – We maintain a longer-term bullish outlook and plan to continue holding this position. We have lowered the cost basis of the position by selling a shorter-term call that expired worthless. The company is set to report earnings this Tuesday, the 14th, before the open.

KR – 25 DTE

Bearish Credit Spread – The Kroger Co. (KR) – We recently opened this position, which is currently showing a loss, and we plan to maintain it for now.

META – 39 DTE

Bullish Credit Spread – Meta Platforms, Inc. (META) – We recently entered this position, which we plan to maintain for now. Meta is expected to release earnings on Wednesday, October 29th, after the close.

PM – 18 DTE

Bearish Put Debit Spread – Philip Morris International Inc. (PM) – The position remains slightly profitable, and we plan to maintain it for now. Despite a strong rebound this week, the 20-day moving average is nearing a bearish crossover below the 200-day, indicating underlying weakness in the trend.

SCHW – 18 DTE & 95 DTE

Bullish Diagonal Debit Spread – Charles Schwab Corp. (SCHW) – We continue to maintain a bullish outlook on Schwab, which reports earnings on Thursday, October 16th, before the open. After realizing gains on the initial long call, we rolled into a higher strike with a later expiration. To further reduce our cost basis, we recently sold a short-term out-of-the-money call against the long position.