Option | Accounts (Position) |
SBUX 30OCT2015 50 P | (-2) |
SWKS 30OCT2015 70 P | (-1) |
My two short PUTs for the week. Looking to lock in $137.00 by the end of Friday, but $SBUX earnings is tomorrow. Will it beat or will it head down in a ball of fiery?
Today, I closed 2 of my short PUTs for $FIT with a strike of $30.00. Right now, I am very OTM on them, but I do not want to get caught in a earning release surprise for the worst. I managed to walk away with a small gain of $90 which I am bittersweet about.
That's it for today. Till next time.
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