By Dan Darrow

November 23, 2022

Intraday Update: MBLY

MBLY has had a big two-day rebound, and the rally this morning to 30.50+ is a nice opportunity to lock in a large chunk of money. The plan will be to close the Dec16 $30 - $35 call spread and open a speculative, low debit Dec16 $35 call. The roll up will use a 50% net debit loss as a stop.

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