August 02, 2022
Intraday Update: UPST
UPST is beginning to move out of its recent lower range under 25, and the window for the Aug19 $24/$20/$16 put fly to work is closing. With only a few days left until the company reports (8/08), it is going to be increasingly hard to catch a sustained mover lower. The trade will be closed today and we will wait for a new setup post-earnings.
* 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