Selling our CVNA 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 CVNA March 18th $155 Puts
- Limit $40.00 or more
- 11:15 Executed
- Sold CVNA March 18th $155 Puts @ $40.56