By Dan Darrow
August 19, 2022
Intraday Update: MTCH
Let's lock in some money on MTCH. The stock's drop below 62 is hitting the initial target range, and the Sep16 $62.50 - $57.50 put spread is nicely into the money. The plan will be to close the current spread and roll down to a tighter Sep16 $60 - $57.50 put spread. The next target is <59.50.
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