Closing our CWH puts to manage risk.
Shares of CWH have fallen below the key 200-day and 50-day averages. At this point, the stock looks like less of a high-probability play and we have plenty of better opportunities for generating income. We’ll close out this position with a modest loss and use our capital for better situations.
- Buy (to close) our CWH November 19th $40 Puts
- Limit $3.60 or less
- 14:33 Executed
- Bot CWH Nov 19th $40 Puts @ 3.55