Closing our OPEN puts to lock in profits and free up capital for new plays.
Shares of OPEN moved back above our $7.00 strike price with today’s bullish market action.
This gives us an opportunity to go ahead and buy out of this promise at an attractive price. That way we can avoid the risk of OPEN moving back below our strike price, and free up capital for new opportunities.
- Buy (to close) our OPEN May 20th $7 puts
- Limit $0.48 or less
- 11:05 Executed
- Bot OPEN May 20th $7 Puts @ $0.48