Selling our SPLK put contracts to manage risk.
Our SPLK put contracts are set to expire on Friday. This week, shares of SPLK traded sharply lower, helping to add a bit of value to these call contracts.
Still, we’ll be closing the puts at a loss today, and freeing up capital for other positions that are working better in the current market environment.
- Selling (to close) our SPLK March 18th $130 Puts
- Limit $13.00 or more
- 10:41 Executed
- Sold SPLK March 18th $130 Puts @ $13.40