By Dan Darrow
October 07, 2022
Intraday Update: CCL
Bad is good and good is bad. A better-than-expected Jobs report this morning has led to a sharp slide on QQQ/SPY, and gains from earlier in the week are starting to evaporate (though it is very early in the session). It may end up being a busy morning of updates, but we are going to start with CCL as it is within a few cents of the initial target range. The plan will be to lock in some money on the Nov11 $8 put and roll down to a Nov11 $7 put. The next target will be <6.40.
Trader Author Portfolio Holdings
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