August 11, 2022

Intraday Update: SNAP

SNAP is above 11, so it is time to roll. The Sep16 $11 call will be closed and a Sep16 $12-$15 call spread will be opened. The next target will be 12+. The bear portion of the strangle will remain open for now.

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