By Dan Darrow

October 28th, 2022

Intraday Update: GME

GME is beginning to clear the key 50day sma and 27.50 resistance zone, so the Nov18 $23.75 - $20 put spread needs to be closed. The stock has not wanted to break down over the past month, so we need to make sure to exit before a bigger bounce can develop.

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