Closing our APA puts to lock in profits.
Shares of APA are trending higher thanks to rising oil prices. This gives us an opportunity to “buy out” of our agreement at a much cheaper price.
By closing our APA put contracts, we’ll be locking in profits. This also frees up capital that we can use for new income opportunities.
- Buy (to close) our APA October 16th $32.50 puts
- Limit $0.80 or less
- 14:17 Execution
- Bot APA October 16th $32.50 puts @ $0.79