Selling our COIN put contracts.
Our COIN put contracts are set to expire today. The stock has found support (at least for the short-term) so rather than rolling our puts to a new strike price, I’m happy to close this position and look for a new entry point farther down the road.
By closing this position today, we’re freeing up cash for new opportunities that are working in today’s environment.
- Selling (to close) our COIN July 15th $60 Puts
- Limit $4.50 or more
~~~~~~~~ - 10:02 Executed
- Sold 7 COIN July 15th $60 Puts @ $5.40