Closing BOTH our SQ and MARA put positions to lock in profits and free up capital for new plays.
Shares of SQ traded higher alongside the rebound for speculative tech stocks. Similarly, MARA is up nicely thanks to stable crypto 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 SQ April 14th $85 Put
- Limit $0.55 or less
~~~~~~~~ - 10:49 Executed
- Bot SQ Apr 14th $85 Put @ $0.43
ALSO
- Buy (to close) our MARA April 14th $15 Puts
- Limit $0.20 or less
~~~~~~~ - 10:49 Executed
- Bot MARA Apr 14th $15 Puts @ $0.17