By Dan Darrow

October 31st, 2022

Intraday Update: SHOP

Let's book the rest of SHOP. The stock is pushing higher early, with the move to ~35.50 sending the Nov04 $34 -$ 36 call spread roll up 3/4 of the way into the money. The rest of the bull portion of the strangle will be closed, as will the bear portion (Nov04 $27.50 - $23.50 put spread).

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