Closing our MS puts to lock in profits and free up capital for new plays.
Shares of MS moved well above our $72.50 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 MS moving back below our strike price, and free up capital for new opportunities.
- Buy (to close) our MS August 19th $72.50 put
- Limit $1.20 or less
- 13:55 Executed
- Bot MS August 19th $72.50 Put @ $1.19