Closing BOTH our APA and VALE put positions to lock in profits and free up capital for new plays.
Shares of APA have traded higher alongside the surge in energy prices over the last several weeks. Similarly, VALE is up sharply thanks to higher commodity prices.
Today we’ll close out both positions early, locking in a large portion of our potential gains from each trade and freeing up cash that we can use for new opportunities.
- Buy (to close) our APA March 18th $30 Puts
- Limit $0.30 or less
~~~~~~~ - 10:42 Executed
- Bot APA March 18th $30 Puts @ $0.27
ALSO
- Buy (to close) our VALE March 18th $16 Puts
- Limit $0.15 or less
~~~~~~~ - 10:42 Executed
- Bot VLE March 18th $16 Puts @ $0.13