August 08, 2022

Intraday Update: RUN

RUN is also popping early this morning, and the move to 36+ is sending the stock above the initial target range for the Sep16 $35 - $40 call spread. The plan will be to close the current spread into strength. Option prices are elevated after the big open, so rolling up is tougher at the moment. The fast winner will be booked and we can revisit once the stock consolidates.

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