Intraday Update: BURL

By Dan Darrow

September 20, 2022

Intraday Update: BURL

We adjusted up the initial target range on BURL to 137 after the stock found buyers at the level the last few sessions. It is hitting 137 early this morning, so the plan will be to work quickly to lock in money on the Oct21 $140 - $135 put spread and roll down to an Oct21 $134 - $129 put spread. The next target will be <132.

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

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