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.

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