Closing our MPC puts to lock in profits and free up capital for new plays.
Shares of MPC moved well above our $83 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 MPC moving back below our strike price, and free up capital for new opportunities.
- Buy (to close) our MPC August 19th $83 put
- Limit $0.80 or less
- 10:36 Executed
- Bot MPC August 19th $83 put @ $0.71