Closing our WYNN puts to lock in profits and free up capital for new plays.
Shares of WYNN have moved well above our $55 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 WYNN moving back below our strike price, and free up capital for new opportunities.
- Buy (to close) our WYNN June 17th $55 put
- Limit $0.50 or less
~~~~~~~ - 15:13 Executed
- Bot WYNN June 17th $55 Put @ $0.46