By Dan Darrow

August 16, 2022

Intraday Update: M

That's a wrap for M. The stock is hitting 21.40 this afternoon and it is time to close the remainder of the trade. The Aug19 $21 - $22 call spread roll up will be closed and the Aug19 $20 - $18 put spread will also be closed. This was a fast, short-term strategy, and we need to work quick to take the trade.

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