By Dan Darrow
October 07, 2022
Intraday Update: OKTA
OKTA was hit with an unexpected downgrade yesterday, putting it in an important spot heading into today's session. Unfortunately, the market-wide drop following the jobs report has knocked OKTA below key moving average support, and it is hitting the tight 55.50 stop level for the Oct28 $62 - $67 call spread. The position needs to be closed before a deeper pullback can develop.
Trader Author Portfolio Holdings
**As of the date and time of publication