Closing BOTH our RCL and SLB put positions to lock in profits and free up capital for new plays.
Both our RCL and SLB positions will expire at the end of next week. With both stocks trading relatively close to our strike price, it makes sense to go ahead and close these income plays. Fortunately, both are profitable so we’ll be locking in gains and freeing up capital for new income opportunities.
- Buy (to close) our RCL November 19th $90 Put
- Limit $3.90 or less
~~~~~ - 11:50 Executed
- Bot RCL Nov 19th $90 Put @ $3.85
ALSO
- Buy (to close) our SLB November 19th $32.50 Puts
- Limit $0.65 or less
~~~~~~~~ - 11:51 Executed
- Bot SLB Nov 19th $32.50 Puts @ $0.59