Selling our DE call contracts.
Shares of DE appeared to be rallying sharply off last week’s drop. But new fears of recession and slowing demand are pushing the stock lower again.
We’ll keep the name on our watch list. And thankfully, our bearish trades have helped to offset some of the pullback in our bullish plays.
- Selling (to close) our DE July 15th $300 Calls
- Limit $9.75 or more
- 10:29 Executed
- Sold DE July 15th $300 Calls @ $10.86