July 28, 2022

Intraday Update: XLV

XLV is having strong follow-through to the upside today, and the afternoon run to 133.50+ is nailing the initial target range for the Sep16 $133 - $140 call spread. The plan will be to close the current spread and roll up to a tighter Sep16 $135 - $140 call spread. The next target will be 135+.

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