By Dan Darrow

August 18, 2022

Intraday Update: UUP

UUP is a couple of cents from the initial target range (28.75), so it is time to lock in some money on the Oct21 $28 call. The plan will be to close the current call and roll up to a lower debit Oct21 $29 - $31 call spread. The next target will be 29.10+.

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