Closing our DAL puts to lock in profits and free up capital for new plays.
Shares of DAL have moved well above our $40 strike price. By closing out our promise today, we’ll be able to lock in the majority of our potential profit from this trade. And we’ll also be freeing up capital to use for new income plays with potentially higher returns.
- Buy (to close) our DAL March 18th $40 puts
- Limit $0.62 or less
- 11:29 Executed
- Bot DAL March 18th $40 Puts @ $0.62