$56 Profit
ADBEShort Option
GloryHullFishCo

Entry comments: 475 PUT Another earnings play on the week. This one would have to drop a full $100 to be assigned. With the price of the stock I didn't want to risk assignment right now so I just took it as a simple premium grab.

Exit comments: I absolutely should have let this just expire worthless but I closed it for that just in case. It dropped big after the earnings call, it still had like $50 to go before getting to my strike but I figured for a couple bucks just take it off and not look at it anymore.

000
DatePrice
Entry9/11/20240.59
Exit9/13/20240.03
  • Total Views37
  • Position Size1
  • Percentage94.92%
  • Option TypePUT
  • Strike
  • Expiration9/13/2024
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