Closing BOTH our CLR and GDXJ put positions to lock in profits and free up capital for new plays.
Shares of CLR have traded higher alongside the surge in energy prices over the last several weeks. Similarly, GDXJ is up sharply thanks to higher gold 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 CLR March 18th $50 Put
- Limit $0.40 or less
~~~~~ - 9:56 Executed
- Bot CLR March 18th $50 Put @ $0.33
ALSO
- Buy (to close) our GDXJ April 14th $41 Puts
- Limit $0.70 or less
~~~~~~~ - 9:56 Executed
- Bot GDXH Apr 14th $41 Puts @ $0.62