By Dan Darrow

November 25th, 2022

Intraday Update: ABT, EXPE

  • I noticed an error in the ABT trade idea from yesterday's note. While the strategy says Long Call, the language in the write up says call spread, and I want to clarify/adjust the trade this morning following a strong open on the stock. The new ABT trade will be:
    • Long Dec30 $108 call
  • EXPE is nearing the initial target range, so let's lock in some money on the Dec16 $103 - $110 call spread. The plan will be to close the current spread and roll up to a tighter Dec16 $105 - $110 call spread. The next target is 107+.

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