By Dan Darrow

October 05, 2022

Intraday Update: OKTA, FDX

Following back-to-back strong sessions, the indices are gapping lower this morning, and it will make for an interesting open (whether or not the 8day ema holds on a backtest). Both of the trade ideas from yesterday's letter are bullish strategies, so we will give OKTA and FDX 30-45 minutes to make sure the setups are still valid before initiating the positions.

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