INCOME MODEL TRADE ALERT — CLF

October 25, 2021 at 10:09 am by Zach Scheidt

Closing our CLF puts to lock in profits and free up capital for new plays.

CLF has moved sharply higher as demand for iron ore picks up. The stock is now well above our $21 strike price and the majority of income for this play is already in the bag. We’re closing the position to lock in those profits and free up our capital for new income opportunities.

Buy (to close) our CLF November 19th $21 Puts
Limit $0.28 or less
~~~~~~~~~
10:17 Executed
Bot CLF Nov 19th $21 Puts @ $0.24

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