In this technically overbought market, this seems like the wisest path.
We close this for a 10-cent gain now AAP has closed the position.
The AAP team has cashed out of Boeing, so we'll close our options trade on the name as well.
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Pressured by deteriorating economic conditions across the Atlantic.
Here is a breakdown of the stock’s technical break and its options activity.
We think this trade is a safe move, especially considering the recent gains in the stock.
The market could go higher but it's a good time to head to the sidelines.