By Dan Darrow
November 30, 2022
Intraday Update: MMM
MMM is within a few cents of the initial target range (122), so let's lock in some money on the Dec30 $124 - $120 put spread. The plan will be to close the current spread and roll down to a tighter Dec30 $120 - $117 put spread. The next target will be <120.
* 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