Closing our CTRA puts to lock in profits and free up capital for new plays.
Shares of CTRA have moved well above our $28 strike price.
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 CTRA moving back below our strike price, and free up capital for new opportunities.
- Buy (to close) our CTRA June 17th $28 puts
- Limit $0.30 or less
- 9:52 Executed
- Bot CTRA Jun 17th $28 Puts @ $0.30