Closing Trades

• NEM – 51% gain: Sell to Close 6 Contracts (or 100% of your Contracts) April 17 $45 Calls @ $6.25 Credit. DailyPlay Portfolio: By Closing all 6 Contracts, we will receive $3,750. We initially opened these 6 Contracts on March 18 @ $4.15 Debit. Our gain on this trade, therefore, is $1,260.
• NEE – 57% loss: Sell to Close 5 Contracts (or 100% of your Contracts) April 25 $68 Calls @ $2.19 Credit. DailyPlay Portfolio: By Closing all 5 Contracts, we will receive $1,095. We initially opened these 5 Contracts on March 20 @ $5.13 Debit. Our loss, therefore, is $294 per contract.

BAC Bullish Opening Trade Signal

Investment Rationale

Bank of America (BAC) sets up favorably for a bullish trade idea ahead of its earnings report scheduled for release before the market opens on April 15th. The broader financial sector is about to take center stage with earnings season kicking off this week, led by JPMorgan Chase (JPM) reporting results today before the open. Investor expectations appear cautious following mixed macro signals, while BAC’s discounted valuation, improving net interest income tailwinds, and potential capital return story present an attractive risk/reward setup into the print.

At $35.85, Bank of America (BAC) is consolidating in a tight range between support at $34.19 and resistance at $37.50, a range established following a sharp gap down below its 200-day SMA. This consolidation could set the stage for a breakout, especially if earnings act as a catalyst to push the stock above $37.50, opening the door for a move toward the $41 gap-fill. Bullish Stochastics also point to upside potential, though confirmation is still needed.

Bank of America (BAC) remains a fundamentally sound large-cap bank trading at an attractive valuation discount relative to the broader financial sector. While industry growth expectations are modest, BAC stands out with a compelling mix of earnings power, operating leverage, and healthy profitability metrics relative to peers.

• Forward PB Ratio: 1.16x vs. Industry Average 1.37x  
• Expected EPS Growth: 15.29% vs. Industry Average 13.84%  
• Expected Revenue Growth: 5.80% vs. Industry Average 5.28%  
• Net Margins: 26.63% vs. Industry Average 26.45%  

Overall, BAC’s favorable valuation, above-average growth outlook, and solid profitability create a supportive backdrop for bullish positioning heading into upcoming catalysts like earnings.

The suggested strategy is to establish a bullish position using a bull call vertical spread.

Trade Idea: Buy the May 16th $36/$41 Call Spread 

The short $41 call aligns with the post-breakout target area, offering a defined profit zone if BAC moves higher. This structure provides leveraged upside exposure while limiting downside risk should the stock fail to rally.

BAC – Daily

Trade Details

Strategy Details

Strategy: Long Call Vertical Spread

Direction: Bullish Debit Spread

Details: Buy to Open 11 Contracts BAC May 16 $36/$41 Call Vertical Spreads @ $1.89 Debit per Contract.

Total Risk: This trade has a max risk of $2,079 (11 Contracts x $189) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $189 to select the # contracts for your portfolio.

Counter Trend Signal: This is a bullish trade on a stock that is expected to bounce higher off support during earnings announcement.

1M/6M Trends: Bearish/Bearish

Relative Strength: 4/10

OptionsPlay Score: 88

Stop Loss: @ $0.95 (50% loss of premium)

View BAC Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Thursday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View BAC Trade

TSLA Bearish Opening Trade Signal

Investment Rationale

Tesla (TSLA) stock surged Wednesday amid a sharp rebound rally in the broader market. Despite the strength of this move, TSLA presents a compelling bearish setup as near-term growth expectations appear overextended relative to its operational execution and margin sustainability. A softening global EV demand environment, intensifying price competition in key markets, and lingering concerns around capital allocation toward AI and robotics initiatives create fundamental and technical headwinds. Additionally, TSLA’s recent underperformance relative to peers and the Nasdaq 100 reflects weakening investor conviction. With valuation stretched well above sector norms, the stock offers limited margin for error and remains vulnerable to downside reversion in the months ahead.

TSLA recently broke below key support near $260, confirming a lower high on the daily chart and reinforcing its broader downtrend. The 50-day moving average continues to slope downward and has repeatedly acted as resistance, while relative strength versus QQQ continues to deteriorate. A gap zone below $220 remains a potential downside target should selling pressure resume, with the next major support level near $190. Momentum indicators remain weak, and the break beneath trendline support points to a continuation of bearish price action.

Recent financial trends highlight a decelerating growth profile and compressing profitability, driven by aggressive pricing strategies and sluggish global EV demand. Tesla’s pivot toward long-term AI and autonomy initiatives introduces new uncertainties around near-term earnings visibility.

• Forward PE Ratio: 104.57 vs. Industry Median 15.4
• Expected EPS Growth: 12.3% vs. Industry Median 18.5%
• Expected Revenue Growth: 6.41% vs. Industry Median 13.1%
• Net Margins: 7.6% vs. Industry Median 14.6%

We will look at buying a bear put vertical spread using the May 2, 2025 $265/$220 spread. This trade offers directional downside exposure while limiting risk, allowing time for the bearish thesis to play out. It carries a defined maximum loss while minimizing the impact of short-term volatility. ​​Be aware that there is an earnings call on Apr 22, 2025 which is prior to the expiration of this option strategy.

TSLA – Daily

Trade Details

Strategy Details

Strategy: Long Put Vertical Spread

Direction: Bearish Debit Spread

Details: Buy to Open 2 Contracts TSLA May 2 $265/$220 Put Vertical Spreads @ $13.03 Debit per Contract.

Total Risk: This trade has a max risk of $2,606 (2 Contracts x $1,303) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $1,303 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to continue lower over the duration of this trade.

1M/6M Trends: Mildly Bullish/Bearish

Relative Strength: 10/10

OptionsPlay Score: 141

Stop Loss: @ $6.52 (50% loss of premium)

View TSLA Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Wednesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View TSLA Trade

Trade War Update – April 9, 2025

The S&P 500, as represented by SPY, has broken below the $500 support level, confirming a bearish trend with significant momentum to the downside. The index’s rapid decline from the $570 resistance zone has exceeded our initial $540 target, and the technical setup now points to further downside towards $470 and $430, aligning with historical support levels from early 2023 and late 2022. The VIX spiking to 49% reflects heightened market fear and elevated options premiums, making it an opportune time to sell call verticals for bearish exposure.

Technical Breakdown: SPY’s break below $500 confirms a bearish trend, with updated downside targets of $470 and $430, levels that would wipe out the AI-led rally of the past two years, reflecting the severity of the current market correction.

Consumer Spending Slowdown: The Conference Board’s future expectations index, which fell to a 12-year low in March, continues to signal a significant slowdown in consumer spending. Depleted savings and rising debt levels, as highlighted by warnings from Delta, Nike, and Walmart, are exacerbating this trend.

Tariff Developments: On April 2, 2025, new tariffs were implemented, marking the most aggressive levies in over 100 years. These tariffs are expected to disrupt global trade, increase costs for businesses, and further dampen consumer spending, adding pressure on corporate earnings and economic growth.

U.S. Treasuries Concerns: Growing concerns about the risk-free nature of U.S. Treasuries have emerged as the aggressive tariff policies raise fears of inflationary pressures and potential fiscal strain. This uncertainty is eroding confidence in traditional safe-haven assets, contributing to broader market instability.

Economic Slowdown: The U.S. economy is expected to face a general slowdown as a result of these tariffs, which are likely to reduce global demand, disrupt supply chains, and increase costs. This environment threatens the earnings outlook for S&P 500 companies, particularly those reliant on consumer spending and international markets.

MSI Bearish Opening Trade Signal

Investment Rationale

Motorola Solutions (MSI), a leader in public safety communications, faces mounting macro and industry headwinds that threaten its rich valuation. After a 60% rally over the past year, the $75B company now looks vulnerable as tariffs, rising input costs, and geopolitical risks loom. Hardware makes up 60% of sales, exposing MSI to higher import costs from potential China tariffs, while heavy reliance on government contracts limits pricing flexibility. At 33x forward earnings with muted growth ahead, the stock appears overextended relative to fundamentals.

MSI recently broke down from a multi-month range and has retested resistance near $430–$440. The weak rebound stalled below the 50-day moving average, with MACD momentum still bearish. Lower highs and increased volume on selloffs suggest distribution is underway. A sustained move below $400 could open the door to a test of the $355 support level from mid-2023.Fundamentals show a stretched valuation:

• Forward PE Ratio: 27.31x vs. Industry Median 17.75x
• Expected EPS Growth: 8.23% vs. Industry Median 14.17%
• Expected Revenue Growth: 5.90% vs. Industry Median 8.04%
• Net Margins: 14.58% vs. Industry Median 14.44%

MSI’s margins barely match peers, yet it trades at a 60% premium. Tariff exposure, a $6.2B debt load, and increasing competition from Axon and Nokia compound the risk, especially amid potential budget cuts from key government clients.

Trade Idea: Buy the MSI May 16, 2025, 410/380 put vertical spread. With 38 days to expiry and earnings on May 8, this setup provides leveraged downside exposure ahead of a potential catalyst.

MSI – Daily

Trade Details

Strategy Details

Strategy: Long Put Vertical Spread

Direction: Bearish Debit Spread

Details: Buy to Open 2 Contracts MSI May 16 $410/$380 Put Vertical Spreads @ $11.10 Debit per Contract.

Total Risk: This trade has a max risk of $2,020 (2 Contracts x $1,010) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $1,010 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to continue lower over the duration of this trade.

1M/6M Trends: Bearish/Bearish

Relative Strength: 6/10

OptionsPlay Score: 131

Stop Loss: @ $5.55 (50% loss of premium)

View MSI Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Monday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View MSI Trade

DailyPlay Portfolio Review

Our Trades

AMZN – 39 DTE

Bearish Debit Spread – Amazon.com Inc. – We recently initiated this position and, considering the ongoing bearish market conditions, will maintain our current approach. We expect the bearish trend to continue in the short term, but time decay, along with a possible decrease in implied volatility if conditions settle, should help this already profitable position.

NEE – 25 DTE

Bullish Long Call – NextEra Energy, Inc. – With the current market environment, all bullish positions are highly unstable. We’re holding for the moment, but a prompt exit may become necessary.. The company is set to report earnings on Tuesday, April 22, ahead of our call options’ expiration.

NEM – 9 DTE

Bullish Long Call – Newmont Corporation (NEM) – The position is underperforming, despite Newmont being a mining company focused on gold, silver, and other metals that are near record-high prices. In this market environment, bullish positions are especially vulnerable. We’re maintaining the trade for now, but could close it in the near future.

Closing Trades

• BABA – 65% loss: Sell to Close 3 Contracts (or 100% of your Contracts) May 16 $130/$155 Call Vertical Spreads @ $3.37 Credit. DailyPlay Portfolio:  By Closing all 3 Contracts, we will be receive $1,011. We initially opened these 3 Contracts on March 11 @ $9.67 Credit. Our loss, therefore, is $630 per contract.
• F – 38% loss: Sell to Close 20 Contracts (or 100% of your Contracts) May 2 $9.50 Calls @ $0.64 Credit. DailyPlay Portfolio:  By Closing all 20 Contracts, we will be receive $1,280. We initially opened these 20 Contracts on March 25 @ $1.04 Credit. Our loss, therefore, is $40 per contract.
• BSX – 63% gain: Buy to Close 3 Contracts (or 100% of your Contracts) May 2 $100/$110 Call Vertical Spreads @ $1.18 Debit. 
  DailyPlay Portfolio:  By Closing all 3 Contracts, we will be paying $354. We initially opened these 3 Contracts on March 28 @ $3.12 Credit. Our gain, therefore, is $582.

How to Trade “Liberation Day”

President Donald Trump unveiled significant tariffs, marking a pivotal shift in U.S. trade policy. Dubbed “Liberation Day,” these measures impose a 10% baseline tariff on all imports, effective April 5, with higher reciprocal tariffs for countries with large trade deficits, effective April 9, targeting over 100 trading partners. And this mornings news of China retaliating with 34% tariffs next week, sends risk assets lower and we are at risk of heading down to our $5100 downside target.

Market Reaction

Equities sold off heavily overnight and extended into the cash session on Thursday with the S&P down 4.84%, the Nasdaq-100 down 5.41% and the Russell 2000 Small Cap Index down 6.59%. Additionally, the selloff was broad based with only Consumer Staples ending in the green up 0.58% on the day. The equal weight S&P 500 index was down 4.76%, suggesting that stocks were hit across the board. VIX closed at an 8 month high above 30%, suggesting that traders fear potentially more downside in the coming weeks. 

Potential Positives

The announcement reduces uncertainty by clarifying policy, potentially stabilizing market expectations. Some countries, like Australia, have ruled out retaliatory tariffs and expressed willingness to negotiate, suggesting room for dialogue. Early responses indicate limited immediate retaliation, with South Korea’s acting president urging negotiations to minimize impact, which could mitigate short-term trade war risks, though this remains uncertain.

Potential Negatives

Inflation is likely to rise, with estimates suggesting a 1.4-2.2% increase in core inflation due to higher import costs, as per a CNBC analysis (Trump’s tariffs are expected to raise consumer prices, but a key question remains: By how much?). Consumer confidence has plunged to a four-year low, driven by fears of recession and price hikes, with the Conference Board survey showing worries about trade policies. Businesses may face shrinking margins as they balance declining sales with maintaining market share, risking stagflation as growth slows and inflation persists, with economic forecasts warning of these pressures.

Stay Updated – Join us every Monday Morning for our Macro Research & Trade Ideas webinar at 8:45AM EST. Register for free at: https://optionsplay.zoom.us/webinar/register/6917437339013/WN_0xqvl8yJQ8y8j_nYiroOkQ

Trade Ideas 

In this market environment, there are a few ways to think about how to invest going forward:

1. Safe haven assets (Treasuries & Gold) – As recession risks rise with the implementation of tariffs and the US economy slows, safe haven assets will likely continue to see outsized demand. 
2. Hedging downside – If the S&P 500 closes below $5500 this week, further downside is likely and hedging using a 2-3 week put spread could be useful to offset downside risks. 
3. Bearish on Consumer Discretionary & Durables – Companies that have high exposure to imported consumer goods have the largest risk of further downside as consumer spending slows and margin compression. Consumer durable purchases most likely to suffer larger drawdowns as uncertainty erodes further. 
4. Bullish on Domestic Manufacturing – Companies that benefit from the protections that tariffs provide and a shift to onshoring production such as NUE, INTC, LMT, TSN, ADM, CAT, DE, TXN, BA, etc. 

Closing Trades

• AAPL – 74% gain: Buy to Close 2 Contracts (or 100% of your Contracts) May 2 $225/$240 Call Vertical Spreads @ $1.51 Debit. DailyPlay Portfolio: By Closing both Contracts, we will be paying $302. We initially opened these 2 Contracts on March 26 @ $5.73 Credit. Our gain, therefore, is $844.

• PDD – 26% loss: Buy to Close 3 Contracts (or 100% of your Contracts) May 2 $120/$110 Put Vertical Spreads @ $4.99 Debit. DailyPlay Portfolio: By Closing all 3 Contracts, we will be paying $1,497. We initially opened these 3 Contracts on March 27 @ $3.18 Credit. Our loss, therefore, is $181 per contract. The margin requirement per contract is $1,000 and we received a Credit of $318 per contract giving us a net margin requirement of $682. Our loss is $181 per contract which gives us a net loss of 26%.

• COP – 46% loss: Buy to Close 4 Contracts (or 100% of your Contracts) May 2 $102/$95 Put Vertical Spreads @ $3.88 Debit. DailyPlay Portfolio: By Closing all 4 Contracts, we will be paying $1,552. We initially opened these 4 Contracts on April 1 @ $1.25 Credit. Our loss, therefore, is $263 per contract. The margin requirement per contract is $700 and we received a Credit of $125 per contract giving us a net margin requirement of $575 Our loss is $263 per contract which gives us a net loss of 46%.

AMZN Bearish Opening Trade Signal

Investment Rationale

The recent announcement of sweeping tariffs, including a baseline 10% on all imports and higher rates for specific nations, poses significant challenges for Amazon.com Inc. (AMZN). The company’s extensive reliance on a global supply chain, particularly imports from countries facing steep tariff increases, is likely to drive up operational costs and pressure profit margins. Additionally, potential consumer demand shifts due to rising prices may weigh on AMZN’s top-line growth.

Following the tariff announcement, AMZN’s stock experienced heightened volatility, reflecting investor concerns over potential cost increases and supply chain disruptions. The stock has been on an extended losing streak, declining approximately 22% from its February 4 high of $242.52. This sustained downtrend suggests bearish sentiment, with AMZN trading below key moving averages and approaching critical support levels. A break below $190 could accelerate further downside toward the $165 target.
The impending tariffs are expected to negatively impact Amazon’s financial performance by increasing the cost of goods sold and potentially reducing consumer demand due to higher prices. Key financial metrics include:

• Forward P/E Ratio: 31.75x vs. Industry Median 20.92x
• Expected EPS Growth: 18.32% vs. Industry Median 8.74%
• Expected Revenue Growth: 9.98% vs. Industry Median 4.82%
• Net Margins: 9.29% vs. Industry Median 11.18%

Amazon’s valuation remains elevated, with a forward P/E ratio of 31.75x, significantly higher than the industry median of 20.92x. While the company boasts strong growth prospects, with expected EPS growth of 18.32% and revenue growth of 9.98%, both exceeding industry averages, its profitability lags behind peers. Amazon’s net margins stand at 9.29%, lower than the industry median of 11.18%, highlighting 

To capitalize on the bearish outlook, consider a bear put vertical spread: Buy AMZN May 16, 2025, 200/175 Put Vertical. The setup benefits from a continued decline in AMZN’s stock price while limiting downside risk in case of a reversal.

AMZN – Daily

Trade Details

Strategy Details

Strategy: Long Put Vertical Spread

Direction: Bearish Debit Spread

Details: Buy to Open 2 Contracts AMZN May 16 $200/$175 Put Vertical Spreads @ $8.55 Debit per Contract.

Total Risk: This trade has a max risk of $1,710 (2 Contracts x $855) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $855 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bearish trade on a stock that is expected to continue lower over the duration of this trade.

1M/6M Trends: Bearish/Bearish

Relative Strength: 7/10

OptionsPlay Score: 132

Stop Loss: @ $4.28 (50% loss of premium)

View AMZN Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Wednesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View AMZN Trade

Closing Trade

BIDU – 32% loss: Buy to Close 5 Contracts (or 100% of your Contracts) May 2 $94/$87 Put Vertical Spreads @ $3.32 Debit. DailyPlay Portfolio: By Closing all 5 Contracts, we will be paying $1,660. We initially opened these 5 Contracts on March 17 @ $2.13 Credit. Our loss, therefore, is $119 per contract. The margin requirement per contract is $700 and we received a Credit of $507 per contract giving us a net margin requirement of $368. Our loss is $119 per contract which gives us a net loss of 32%.

COP Bullish Opening Trade Signal

Investment Rationale

ConocoPhillips (COP) appears well-positioned for stability and potential upside. COP has recently broken out of its trading range as oil prices climb, driving upside momentum. This aligns with broader market trends, where rising crude prices are boosting energy stocks. The surge in oil prices is likely fueled by geopolitical tensions, including threats of secondary tariffs on Russian oil buyers if peace efforts stall, potentially tightening global supply. The stock is forming higher lows and holding above key moving averages, signaling sustained support. A confirmed breakout above a key resistance level around the 200-day SMA could pave the way for further gains.

The company has a strong asset base and a disciplined approach to capital spending, which should help sustain solid cash flows. Additionally, COP’s shareholder-friendly policies, including dividends and buybacks, add to its appeal in a market that values capital returns.

• Forward P/E Ratio: 11.2 (vs. Industry Median: 13.5)
• Expected EPS Growth: 14.8% (vs. Industry Median: 10.2%)
• Expected Revenue Growth: 9.5% (vs. Industry Median: 6.7%)
• Net Margins: 17.4% (vs. Industry Median: 12.8%)

COP offers a strong combination of value, growth, and profitability. The stock trades at a discount relative to its industry peers and is well-positioned for solid earnings and revenue growth, outpacing the broader sector. Additionally, the company demonstrates strong profitability with healthy margins, reflecting its operational efficiency and ability to generate consistent returns. These factors make COP an attractive opportunity for traders targeting upside potential in the energy sector.

Options Trade Idea:
A bullish put credit spread offers a strategic way to capitalize on COP’s support levels. Selling the May 2, 2025, 102/95 put vertical spread provides a defined risk-reward structure. This trade profits if COP remains above $102 at expiration, aligning with both its strong technical support and solid fundamentals.

COP – Daily

Trade Details

Strategy Details

Strategy: Short Put Vertical Spread

Direction: Bullish Credit Spread

Details: Sell to Open 4 Contracts COP May 2 $102/$95 Put Vertical Spreads @ $1.40 Credit per Contract.

Total Risk: This trade has a max risk of $2,240 (4 Contracts x $560) based on a hypothetical $100k portfolio risking 2%. We suggest risking only 2% of the value of your portfolio and divide it by $560 to select the # contracts for your portfolio.

Trend Continuation Signal: This is a bullish trade on a stock that is expected to continue higher off recent support.

1M/6M Trends: Bullish/Bullish

Relative Strength: 9/10

OptionsPlay Score: 97

Stop Loss: @ $2.80 (100% loss to value of premium)

View COP Trade

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Monday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry. 

View COP Trade

DailyPlay Portfolio Review

Our Trades

AAPL – 32 DTE

Bearish Credit Spread – Apple Inc – This position was established recently and is profitable. We plan to hold steady for now.

BABA – 46 DTE

Bullish Debit Spread – Alibaba Group Holding Ltd. – Still have a positive outlook on BABA, with the Chinese government loosening its reins on the economy recently. However, it appears to be a battle between persistent concerns over U.S. tariffs and China trying/wanting to grow the economy. The position is currently at a loss, but we plan to hold steady for now.

BIDU – 32 DTE

Bullish Credit Spread – Baidu, Inc. – The story for BIDU is similar to BABA, but we are down a bit more on this position and nearing a stop-loss point. We have it on a leash to keep a close watch on it, but it will be a short one.

BSX – 32 DTE

Bearish Credit Spread – Boston Scientific – This position was established recently and is showing a small gain. We’re holding firm for now.

F – 32 DTE

Bullish Long Call – Ford Motor Company – Recent headlines from Washington have driven significant volatility in the stock’s price, a trend we anticipate will persist. Our strong fundamental view of Ford remains intact, yet we may need some news that is perceived as favorable to ignite some upward momentum in the stock’s price.

NEE – 25 DTE

Bullish Long Call – NextEra Energy, Inc. – We established this position recently, and it is currently at a loss. For now, we’ll hold steady. The company is set to report earnings on Tuesday, April 22, ahead of our call options’ expiration.

NEM – 17 DTE

Bullish Long Call – Newmont Corporation (NEM) – This position is at a loss, but we still have a bullish outlook for the mining company, which mines gold, silver, and other metals. These commodities have recently been trading near their highs. We’re holding firm for now.

PDD – 32 DTE

Bullish Credit Spread – PDD Holdings Inc. – We opened this position recently, and little has occurred since then. For now, we intend to hold steady.