Traders Daily – Take Your Win on FPX

A road turning into an arrow rising upward with a road sign of profit, symbolizing the way to improve the profit

Weeks ago, we recommended taking a position in the First Trust US Equity Opportunities (FPX) ETF, as it traded at $63.05.  As it begins to get a bit oversold, we recommending that you exit half of this trade today, as it pushes to $72.45.

We’d rather protect the win than risk it to potential profit taking.

However, be sure to hold the second half of the trade a bit longer.

Open Trades: 

Coca-Cola (KO) stock – $44.96

KO May 17, 2019 45 calls – $1.18

KO August 16, 2019 45 cal...

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