Intraday Update: CHPT

August 12, 2022

Intraday Update: CHPT

Let's book the remainder of CHPT. The stock is having a strong session (>10% rally currently), and the Sep16 $19 - $23 call spread roll up is nearing the money with options up sharply. The trade has played out well, so as the stock extends higher, we will close the remainder of the position. The Sep16 $12 - $9 put spread will also be closed today.

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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