Closing our MGM puts to lock in profits and free up capital for new plays.
Now that MGM is well above our $44 strike price, the majority of potential profit from this trade has already been made. We’ll close the position to lock in our profits and to free up capital for new plays.
- Buy (to close) our MGM November 19th $44 Puts
- Limit $0.95 or less
- 12:37 Executed
- Bot MGM Nov 19th $44 Puts @ $0.93