By Dan Darrow
November 17, 2022
Intraday Update: MARA, BKR
Two more early updates following the weak open:
- Let's lock in some money on MARA. The stock is not at the initial target zone yet, but the Dec16 $10 - $5 put spread is up significantly over a two-day stretch. The plan will be to close the current spread and roll down to a together Dec16 $7.50 -$5 put spread. The next target is <7 now.
- BKR is at the debit stop loss zone. The stock has quickly reversed lower, and the move into the 200day sma coincides with the Dec16 $31 call hitting the debit stop. The trade will be closed this morning.
Open Positions
Trader Author Portfolio Holdings
**As of the date and time of publication