DailyPlay – Closing Trades (TTWO, SPY) – May 29, 2025

• TTWO – 15% loss: Sell to Close 2 Contracts (or 100% of your Contracts) June 6 $230/$220 Put Vertical Spreads @ $3.45 Credit. DailyPlay Portfolio:  By Closing both Contracts, we will receive $6.90. We initially opened these 2 contracts on May 15 @ $4.05 Debit. Our loss, therefore, is $60 per contract.
• SPY – 92% loss: Sell to Close 18 Contracts (or 100% of your Contracts) May 30 $570/$560 Put Vertical Spreads @ $0.17 Credit. DailyPlay Portfolio:  By Closing all 18 Contracts, we will receive $306. We initially opened these 18 contracts on May 23 @ $2.09 Debit. Our loss, therefore, is $192 per contract.