Closing BOTH our OXY and YETI put positions to lock in profits and free up capital for new plays.
Shares of both OXY and YETI are rebounding today, and our put contracts for both of these plays are set to expire on Friday.
We will go ahead and close out both of these positions — locking in a profit on both.
We will keep both OXY & YETI on our watch list and may roll out new income plays in the future.
- Buy (to close) our OXY July 15th $60 Put
- Limit $2.10 or less
- 12:02 Adjusting or limit price to $2.65
- 12:10 Executed
- Sold OXY July 15th $60 Put @ $2.55
- Buy (to close) our YETI July 15th $45 Puts
- Limit $0.45 or less
- 11:43 Executed
- Sold YETI July 15th $45 Puts @ $0.39