By Dan Darrow

December 09, 2022

Intraday Update: TJX

TJX had been in a solid bull flag around 80 for several weeks, but it is losing key upper support and the 20day sma off the open this morning, changing the bull pattern. The Jan20 $80 - $87.50 call spread needs to be closed before a bigger breakdown develops.

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