Closing BOTH our RUN & TRIP put positions to lock in profits and free up capital for new plays.
Shares of both RUN & TRIP have traded higher, which means the price for our put contracts has moved lower. This allows us to buy out of our promise at a much cheaper price, freeing up capital for new income opportunities.
We will go ahead and close out these positions — locking in a profit on both.
We will keep both RUN & TRIP on our watch list, and may roll out new income plays in the future.
- Buy (to close) our RUN September 16th $22.50 Puts
- Limit $0.55 or less
ALSO
- Buy (to close) our TRIP September 16th $17 Puts
- Limit $0.35 or less
~~~~~~~~ - 10:46 Executed
- Bot RUN September 16th $22.50 Puts @ $0.28
ALSO
- 10:46 Executed
- Bot TRIP September 16th $17 Puts @ $0.50