Selling the second half of our PTON put contracts.
After a terrible earnings report, shares of PTON are down 34% on the day. That’s led to a windfall profit for our put position. I’m happy to take our gains off the table especially with the stock severely oversold. We’ll watch PTON to see if we get another entry point later.
- Selling (to close) our remaining PTON November 19th $105 Puts
- Limit $48.00 or more
- 15:17 Executed
- Sold PTON Nov 19th $105 Puts @ $49