By Dan Darrow

October 27th, 2022

Intraday Update: SHOP

SHOP delivered! The stock had a solid print this morning and is currently pushing past the $4.5 targeted move for the strangle, so the plan will be to lock in some money on the Nov04 $31 - $35 call spread and roll up to a lower debit Nov04 $34 - $36 call spread. The next target is 35+.

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