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DailyPlay – Closing Trades (CME, KMI) – March 19, 2025

  • CME – 86% gain: Buy to Close 3 Contracts (or 100% of your Contracts) April 17 $250/$240 Put Vertical Spreads @ $0.39 Debit. 
    DailyPlay Portfolio:  By Closing all 3 Contracts, we will be paying $117. We initially opened these 3 Contracts on March 7 @ $2.72 Credit. Our gain, therefore, is $699.
  • KMI – 50% loss: Sell to Close 13 Contracts (or 100% of your Contracts) April 4 $28 Puts @ $0.90 Credit. 
    DailyPlay Portfolio: By Closing all 13 Contracts, we will receive $1,170. We initially opened these 13 Contracts on Feb 20 @ $1.81 Debit. Our loss, therefore, is $91 per contract.
Tony Zhang