Archive Category: Precision Profits (Alerts)

Trade Alert: Close ASML Spread

If you opened the credit spread in ASML Holding N.V. (ASML), you know the position has been trading at a loss all morning. With little time left in the trading, pricing models indicate there is a 50% chance that the trade will be closed with a profit. Instead of waiting, I recommend closing it prior to expiration. ASML is trading near $930, and if it moves decisively above that level, we could incur a larger loss on the trade.

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