DailyPlay – Closing Trade (PINS, MS) – August 20, 2025

Closing Trade

• PINS – 98% loss: Sell to Close 8 Contracts (or 100% of your Contracts) Aug 29 $38/$45 Call Vertical Spreads @ $0.05 Credit. DailyPlay Portfolio:  By Closing 8 Contracts, we will be collecting $40. We initially opened these 8 contracts on August 05 @ $2.20 Debit. Our loss, therefore, is $215 per contract.
• MS – 17% loss: Sell to Close 2 Contracts (or 100% of your Contracts) Aug 29 $140/$150 Call Vertical Spreads @ $4.85 Credit. DailyPlay Portfolio:  By Closing 2 Contracts, we will be collecting $970. We adjusted the short call on Aug 01 reducing our cost basis to $1,162 Debit. Our loss, therefore, is $96 per contract.