By Dan Darrow

November 18, 2022

Intraday Update: ENPH

ENPH is having a strong start this morning. Wrapping up the week with a big push past 320 early, ENPH is at the initial target range for the Dec16 $320 - $330 call spread, so it is time to lock in some money. The plan will be to close the current spread and roll up to a lower debit Dec16 $330/$350/$370 standard ratio call fly (1:2:1). The next target will be 335+ or a 70%+ net debit gain.

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