Closing our CF puts to lock in profits and free up capital for new plays.
Shares of CF moved well above our $87.50 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 CF moving back below our strike price, and free up capital for new opportunities.
- Buy (to close) our CF September 16th $87.50 put
- Limit $2.10 or less
- 12:47 Executed
- Buy CF September 16th $87.50 put @ $2.10