By Dan Darrow

September 14, 2022

Intraday Update: GLD, ABNB

A couple more early updates:

  • We need to shift the action area of the GLD Oct21 $157 - $150 put spread slightly higher following the red open on the ETF. The new action area will be $1.85 - $2.10.
  • ABNB is into the roll range. The stock is up sharply this morning and nearing 130, and the Oct21 $125 - $130 call spread is deep into the money. The plan here will be to close the current spread and roll up to a lower debit Oct21 $135 - $140 call spread. The next target is 135+.

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