By Dan Darrow

August 16, 2022

Intraday Update: ABBV

Indices are red but ABBV is green, and the early rally to 1453.50 is triggering the tight technical stop for the Sep16 $140 - $135 put spread. The trade needs to be closed before the stock can build momentum above the 200day sma.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication