By Dan Darrow

September 20, 2022

Intraday Update: BURL

BURL hit the initial target this morning off the open, and now it is hitting the second target in afternoon trading (<132). The Oct21 $134 - $129 put spread roll down from this morning will be closed into weakness, and the trade will be locked in ahead of the FOMC meeting tomorrow.

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