By Dan Darrow

September 21, 2022

Intraday Update: GOOGL

Fed days are always characterized by late action, and today is no different. Another reversal has now driven the indices back near the low of the session, and GOOGL is sliding below the huge 100 level to hit the stop for the Oct28 $105 - $111 call spread. We want to make sure to exit this position before a major breakdown can develop, so the trade needs to be closed this afternoon.

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