Closing our APA puts to lock in profits and free up capital for new plays.
APA surged to a new recovery high and is well above our $22.50 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 APA November 19th $22.50 Puts
– Limit $0.60 or less
-Bot APA Nov 19th $22.50 Puts @ $0.60