DailyPlay – Portfolio Review & Closing Trade (INTU) – May 27, 2025

Closing Trade

• INTU – 102% gain: Sell to Close 1 Contract (or 100% of your Contracts) June 13 $665/$715 Call Vertical Spreads @ $39.30 Credit. DailyPlay Portfolio:  By Closing this Contract, we will receive $3,930. We initially opened this contract on May 16 @ $19.50 Debit. Our gain, therefore, is $1,980.

DailyPlay Portfolio Review

Our Trades

AAPL – 52 DTE

Bearish Debit Spread – Apple Inc. (AAPL) – We recently entered this position, and the latest headlines about Apple have added some downside pressure. The trade is currently profitable, and we plan to maintain it for now.

AMAT – 31 DTE

The underlying fundamentals in AMAT remain solid. There has been general weakness recently in the semiconductor sector. Despite being down, we’re holding steady.

INTU – 17 DTE

We are closing the position today.

SCHW – 206 DTE

Bullish Long Call – Charles Schwab Corp. (SCHW) – Our outlook remains positive, supported by strong company fundamentals and continued strength in both SCHW and the broader financial sector.

SPY – 3 DTE

Bearish Debit Spread – SPDR S&P 500 ETF (SPY) – The position is currently down. With only a few days left in the contracts, we’ll need to see bearish momentum build early in the week to justify staying in the position.

TTWO – 10 DTE

Bearish Debit Spread – Take-Two Interactive Software, Inc. (TTWO) – The company’s recent earnings release led to weakness in the stock. We are in a profitable position and intend to stay the course for now, but expiration is approaching.

ZM – 17 DTE

Bullish Debit Spread – Zoom Communications Inc. (ZM) – Overall, Zoom’s earnings last week were solid, exceeding expectations with improved guidance. Despite beating on the top and bottom line, the stock moved lower, and our position is currently down. We’ll need to see bullish momentum build early in the week to justify holding the trade.