Selling our AMC put contracts to lock in profits.
AMC has traded sharply lower and may be due for a rebound. This sets up a good opportunity to lock in profits at the current level and then consider a new bearish position after a rebound.
- Selling (to close) our AMC February 18th $25 Puts
- Limit $9.70 or more
- 10:30 Executed
- Sold AMC Feb 18th $25 Puts @ $9.72