Stocks recovered from Monday's (July 27th) spike lower but the rebound began to stall on Thursday. Equities were looking weak on Friday ahead of the weekend.
We closed half of our UA position on Monday, July 27th.
DATA and HBI were stopped out. Thankfully we had already taken some money off the table on the DATA trade when we exited half the position on June 29th (+26.5%).
I have updated the stop loss on ADBE, HSIC, ITB, and SBUX.
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a play or option position exited or closed this week.