By Dan Darrow

December 12, 2022

Intraday Update: DIA + Coaching Reminder

First off, I want to pass along a reminder that our next Option Session is this afternoon at 4:30 pm ET in the Options In Play room. I hope you all can make it!

We need to adjust the contracts of the DIA strangle due to the ETF moving ~1% higher intraday today. The new trade will be:
  • Long Dec30 $347 - $353 call spread
  • Long Dec30 $330 - $324 put spread

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