DailyPlay – Closing Trades (GOOGL, DXCM) – February 21, 2025

Closing Trades

• GOOGL– 43% loss: Buy to Close 3 Contracts (or 100% of your Contracts) Feb 28 $195/$185 Put Vertical Spreads @ $7.45 Debit. DailyPlay Portfolio:  We initially received a $3.07 net credit when we opened these three contracts on Jan 24. Therefore, the total net debit paid to close our position is $4.38 ($7.45 – $3.07), which is the loss per contract, or $1,314 in total. The total amount we had at risk was $3,000, which puts the loss at 43% ($1,314 / $3,000) of the capital at risk.

• DXCM– 2% gain: Sell to Close 7 Contracts (or 100% of your Contracts) Feb 21 $88/$92 Call Vertical Spreads @ $1.53 Credit. DailyPlay Portfolio:  DailyPlay Portfolio: By closing all seven contracts, we will receive $1,071 ($1.53 × 700). After our adjustment to the position on February 12, our cost basis was $1.50 per contract, or $1,050 ($1.50 × 700). Our gain, therefore, is $0.03 per contract, or $21 ($0.03 × 700).