$56 Profit
ADBEShort Option

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.
| Date | Price | |
|---|---|---|
| Entry | 9/11/2024 | 0.59 |
| Exit | 9/13/2024 | 0.03 |
- Total Views37
- Position Size1
- Percentage94.92%
- Option TypePUT
- Strike
- Expiration9/13/2024
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