Closing our SLB puts to lock in profits and free up capital for new plays.
Shares of SLB have moved sharply higher since we set up our income play. This move 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 two SLB February 18th $32.50 put
- Limit $0.50 or less
- 15:27 Executed
- Bot 2 SLB Feb 18th $32.50 Puts @ $0.48