Selling our SHOP put contract to lock in profits.
Markets are oversold and there’s a material chance that a “bear market bounce” could send shares of SHOP higher. So for now, we’ll lock in some oversized profits on this trade and free up capital for new opportunities.
- Selling (to close) our SHOP March 18th $800 Puts
- Limit $205.00 or more
- 9:58 Executed
- Sold SHOP March 18th $800 Put @ $221.06