Closing our SPWR puts to manage risk and free up capital.
SPWR is trading below our strike price with just over a week until the December put contracts expire. There’s not much time left for SPWR to move back above our $30 strike price. We’ll close this trade out today, freeing up capital for more profitable opportunities on deck.
- Buy (to close) our SPWR December 17th $30 Puts
- Limit $6.90 or less
- 14:49 Executed
- Bot SPWR Dec 17th $30 Puts @ $6.85