Closing our FCX puts to lock in profits and free up capital for new plays.
FCX is now well above our $37 strike price with just over a week till the puts expire. We’ve now captured the majority of potential profit for this trade. So we’ll close our put contracts to free up capital for new income opportunities.
- Buy (to close) our FCX November 19th $37 Puts
- Limit $0.22 or less
~~~~~~~~~ - 10:17 Executed
- Bot FCX Nov 19th $37 Puts @ $0.18