Selling our SPOT put contract to lock in profits.
Markets are oversold and there’s a material chance that a “bear market bounce” could send shares of SPOT higher. So for now, we’ll lock in some attractive profits on this trade and free up capital for new opportunities.
- Selling (to close) our SPOT March 18th $170 Puts
- Limit $32.00 or more
- 10:12 Executed
- Sold SPOT March 18th $170 Puts @ $32.54