Closing our MRVL puts to lock in profits and free up capital for new plays.
Shares of MRVL are up more than 17% today after the company reported strong earnings. This surge allows us to close out our position early, locking in the majority of potential gains from this trade and freeing up cash that we can use for new opportunities.
- Buy (to close) our MRVL January 21st $70 Put
- Limit $1.28 or less
- 15:17 Executed
- Bot MRVL Jan 21st $70 Put @ $1.25