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DailyPlay – Closing Trades (MA, RY) – November 15, 2023

Closing Trades

  • MA – 30.22% Loss: Buy to Close 2 Contracts (or 100% of your Contracts) Dec 22nd $390/$405 Call Vertical Spreads @ $9.05 Debit. DailyPlay Portfolio: By Closing both Contracts, we will be paying $1,810. We initially opened this trade on Nov 9 @ $6.95 Credit. Our average loss, therefore, is $210 per contract. 
  • RY – 72.26% Loss:  Buy to Close 6 Contracts (or 100% of your Contracts) Dec 15th $85/$90 Call Vertical Spreads @ $2.67 Debit. DailyPlay Portfolio: By Closing all 6 Contracts, we will be paying $1,602. We initially opened these 6 Contracts on Nov 7 @ $1.55 Credit. Our average loss, therefore, is $112 per contract. 

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Tony Zhang