The Portfolio Armor Substack

The Portfolio Armor Substack

Trade Alert: Update

Raising the strikes on yesterday's trade

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Portfolio Armor
Sep 28, 2023
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A Quick Update

The trade I mentioned in yesterday’s post hasn’t filled yet,

But I added another spread with higher strikes, buying the November 3rd expiration $62 strike calls on Wayfair (W 0.00%↑) and selling the $63 strike calls expiring on the same date for $0.35. The max gain and max loss are the same as yesterday’s trade ($650 and $350, respectively), but t…

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