DailyPlay – Closing Trade (SPY) & Portfolio Review – October 27, 2025

Closing Trade

• SPY – 56% loss: Sell to Close 1 Contract (or 100% of your Contracts) Nov 21 $665/$615 Put Vertical Spreads @ $4.42 Credit. DailyPlay Portfolio:  By Closing 1 Contract, we will be collecting $442. We initially opened this contract on October 15 @ $10.12 Debit. Our loss, therefore, is $570 per contract.

DailyPlay Portfolio Review

Our Trades

AZN – 25 DTE

Bullish Debit Spread – AstraZeneca PLC (AZN) – We recently opened this position, which is currently showing a slight loss, and we plan to maintain it for now. The company is set to release its earnings report on Thursday, November 6, before the market opens.

BROS – 25 DTE

Bearish Debit Spread – Dutch Bros Inc. (BROS) – This recently opened position is showing a minor gain, and we plan to hold it for now. The company is approaching its upcoming earnings report on Wednesday, November 5th, after the close.

GS – 81 DTE

Bullish Long Call – Goldman Sachs Group, Inc. (GS) – We remain bullish on the stock over the longer term and intend to hold the position. The cost basis has been reduced by selling a shorter-term call that expired worthless, and we may look to sell another call in the near future.

KR – 11 DTE

Bearish Credit Spread – The Kroger Co. (KR) – This position is currently showing a minimal loss. Bearish momentum picked up last week, but we may need to exit early this week as expiration is approaching.

META – 25 DTE

Bullish Credit Spread – Meta Platforms, Inc. (META) – This position currently has a minimal gain, which we plan to maintain for now. Meta is expected to release earnings on Wednesday, October 29th, after the close.

NEM – 32 DTE

Bullish Debit Spread – Newmont Corporation (NEM) – Newmont (NEM) beat analyst expectations for both earnings and revenue in its third-quarter 2025 report. However, the stock slipped following the announcement, most likely due to lower-than-expected gold production, combined with gold prices remaining near all-time highs but recently declining. We need bullish momentum to build early this week, or we will close the position.

SCHW – 32 DTE & 81 DTE

Bullish Diagonal Debit Spread – Charles Schwab Corp. (SCHW) – On Thursday, October 16th, Schwab reported earnings that exceeded both revenue and profit expectations. We remain bullish on the stock. After realizing gains on our initial long call, we rolled into a higher strike with a longer expiration and later sold a short-term out-of-the-money call to lower our cost basis.

SPY – 25 DTE

Bearish Debit Spread – (SPY) – We are closing the position today.